Courtesy: Sherry Szurko - Millennium Interstate Realty
Rare opportunity to invest in this Established Business of owning a fully licensed Rooming House in N.J. The owner has transformed this establishment into a 95-100% occupancy home for adults that need a weekly or monthly lease with many staying long term. 51 single occupancy rooms and five one bedroom apartments bring in a steady flow of income, while affording it's occupants a rent well below market rates. The Belvedere in Keansburg prides itself on a clean, well kept, law abiding establishment. Located within 2 blocks to theKeansburg waterfront and the Baypoint Redevelopment area with the millions of dollar transformation happening now. It's the perfect time to invest in this opportunity. Consists of BUILDINGS, LAND & BUSINESS. Operating Licenses Included. Owner will train buyer. Wired for high speed internet throughout with cameras covering common areas. Passed all recent State Inspections. Owner keeps building immaculate. Office with full apartment attached for staff.Property is located in a flood zone. Owner does not have flood insurance as property did not flood during Storm Sandy. Crawl space under building. Owner just had 50 yr roof installed with all decking replaced April 2024 on the 3 story building.
22411283
Commercial - Business Opportunities, 3+ Story
Monmouth
0.29
Acres
Public
3
Stucco
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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