Houses For Sale in Newark, New jersey (NJ). ID: 11341792

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Type:	Property
Address:	468 Washington Street, Newark, NJ, 07102
Bedrooms:	N/A
Bathrooms:	N/A
Year Built:	N/A
Sq. Footage:	4455.0
Price/Sqft:	$100.79
Property Tax:	^new! $9,828
Price:	$449,000
Sale Type:	For Sale by Agent

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468 Washington Street, Newark, NJ, 07102

Listing added: 2009-05-30

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Description

Additional features: Lot size: 2613.6, School district: , , ,

Fully operating cash business for sale with building; one of very few functioning SRO hotels in Nwk. 14 SRO rooms w/ common bath on ea. flr. Invest to convert or run 'til you get backing. Low taxes! All-cash business runs itself w/ management, buliding in good shape--just gracefully old. Conversion possible to badly-needed off campus housing or efficiency hotel. Location (Lincoln Park) boasts downtown a few blocks away w/ NJPAC, 5 College or Univ. campuses, City Hall, Pru Stadium, renovation corridors, new multiple-family homes in the area and Renaissance Newark on the way. Act now at this reduced price.

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