12-14 Prospect Ave Dunellen, NJ 08812

This exceptional mixed-use property in Dunellen, New Jersey, presents a compelling investment opportunity. Located at 12-14 Prospect Ave, 08812, this two-story building boasts nine rental units, including eight rooms and two bathrooms within the rooming house, and a separate storefront retail space. The property generates a strong net operating income (NOI) of $59,610. The building is well-maintained and legally licensed as a rooming house. A convenient amenity for tenants is the coin-operated laundry machines located in the basement. Its prime downtown Dunellen location offers easy access to public transportation, shopping, and dining, ensuring high occupancy rates and consistent rental income. This property is ideal for investors seeking a stable, cash-flowing asset in a desirable location. The asking price is $895,000. This presents a rare chance to acquire a well-established, multi-tenant property with significant upside potential. The property's strong performance and strategic location make it an attractive investment for both seasoned investors and those new to the market.