66 Euclid Avenue

66 Euclid Avenue, Hackensack, NJ 07601

$600,000

Attention Investors ... Rarely do you find a profitable, turnkey State Licensed Rooming House for sale. Wonderful opportunity to own this 9-Room facility along with a separate apartment that has a separate entrance. Both the building and business sold together. Walking distance to downtown Hackensack and public transportation. Two car garage. Cap Rate approx. 6.91%. There is much room to improve the Cap Rate as many of the rentals are below market value and some cosmetic updates would go a long way, even though the house is in Maintained well and in good working order. Newer gas Furnace. Please go to Associated Docs for Income and Expense Sheet along with a property survey.

Features & Amenities

Area & Lot

Status Sold
MLS® ID23003677
TypeCommercial

Financial

Sales Price$600,000

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The Ramundo Team has built a reputation for excellent client service and results with a genuine desire to help others by providing superior service. The members of our team are seasoned professionals, each with a unique background and eagerness to serve your needs.

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Contact Details

The Ramundo Team

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(914) 584-0470

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Address

123 Tice Blvd., #100 Woodcliff Lake, NJ 07677

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