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Updated over 17 years ago on . Most recent reply

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General Landlording & Rental Properties

KEARNY: FOUR FAMILY RENT QUESTION

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I am interested in purchasing a 4 family in the town of Kearny. The rent roll is very low, the owner has lived there along with some other tenants for over 40 years. I do not think Kearny is rent controlled. Can I buy the property and immediately raise the rents? They are all month to month tenants.
-CM

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