13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property boasts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. This property is bringing in nearly 170k in net profit per year.

Listing courtesy of Shawn Anen of Keller Williams Prosperity Realty: [email protected]



The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information is deemed reliable but not guaranteed. Last date updated: 2024-10-15 07:00 PM UTC
Source: New Jersey Multiple Listing Service, Inc.

Copyright 2024, New Jersey Multiple Listing Service, Inc.