UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2056860
Year Built 1950
Annual Tax Amount $7,630
Tax Year 2024
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
Presenting a prime investment opportunity — a fully operational rooming house featuring 10 total rooms.
The property was appraised in 2021 for $400,000. A copy of the appraisal report can be provided upon request to serious buyers with a formal offer.
Currently, 6 units are rented, generating a total monthly income of $4,385. A detailed rent breakdown is available to qualified buyers upon request.
The 4 vacant units offer additional income potential of approximately $3,000 per month, bringing the projected total monthly rental income to around $7,385 when fully occupied.
Don't miss your chance to own a cash-flowing property with strong upside potential in the heart of Ewing.
PLEASE VIEW THE PICTURES. SHOWINGS CAN BE GRANTED OF VACANT UNITS ONLY. TENANTS WILL NOT BE DISTURBED UNDER ANY CIRCUMSTANCES.
THIS IS AS-IS SALE. BUYER IS RESPONSIBLE FOR CITY AND STATE CERTS.
Location
State NJ
County Mercer
Area Ewing Twp (21102)
Zoning IP-3
Interior
Hot Water Other
Heating Other
Cooling None
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ewing Township Public Schools
Others
Tax ID 02-00027-00163
Ownership Fee Simple
Special Listing Condition Standard
Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
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