Rare Opportunity to purchase this 9 bedroom, 2 bath rooming house that has a 25%+ CAP RATE in Lakewood Heights off of Browns Mill Road. Income from Jan 2018 - August 2019 was $74k. All rooms are occupied, there is month to month tenants and bi-weekly tenants with different rates. Purchase Price is $225,000 and includes the lot of land next to this property which is currently listed for $30,000.
Other (See Remarks), No Cooling
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Listing information last updated on November 18th, 2019 at 6:47am EST.