Description
INVESTORS.....This ROOMING HOUSE will be sure to bring in positive $$. 7 separate bedrooms which rent for $600 per month. PLUS 2 garages that generate $295 monthly.Third floor is a large efficiency with a separate bathroom; can generate $800-$1000 monthly but new owner will have to apply for a variance first. Owner pays all utilities: PSE&G ~$400 monthly. Cable/WIFI in each room ~$200 month. Water/Sewer ~$50 monthly. Insurance ~$4000 annual. Separate gas & electric meters. Coin operated washer & dryer in the basement generates approximately $150 monthly. Owner needs a rooming & boarding license to operate and obtain (easy to obtain). Large & private rear yard. New security system. Owner willing to remain on as property manager.
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7BEDS
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0.09ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
INVESTORS.....This ROOMING HOUSE will be sure to bring in positive $$. 7 separate bedrooms which rent for $600 per month. PLUS 2 garages that generate $295 monthly.Third floor is a large efficiency with a separate bathroom; can generate $800-$1000 monthly but new owner will have to apply for a variance first. Owner pays all utilities: PSE&G ~$400 monthly. Cable/WIFI in each room ~$200 month. Water/Sewer ~$50 monthly. Insurance ~$4000 annual. Separate gas & electric meters. Coin operated washer & dryer in the basement generates approximately $150 monthly. Owner needs a rooming & boarding license to operate and obtain (easy to obtain). Large & private rear yard. New security system. Owner willing to remain on as property manager.
© 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-04-19T08:19:34.967.
Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Connie King of Weichert Realtors-Ocean.