$1,200,000
$1,299,900
7.7%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
3,200 SqFt
SOLD DATE : 05/01/2023
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Six Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $375
Municipality Seaside Heights (SEH)
MLS Listing ID 22302332
Sold Date 05/01/23
Bedrooms 10
Full Baths 6
Originating Board Monmouth Ocean Regional Multiple Listing Service
Annual Tax Amount $10,900
Tax Year 2022
Lot Dimensions 50 x 100
Property Description
Make 6% on your cost to buy this property. The coin op laundry could make your new car pmt by itself. Has upside on income as present owners are low w their rents, $75,000 net annually. Perfect safe place to park your money and let it work for you. Very easy to run remotely. Strong Cap Rate. Has four 2 bedroom w 2 studio apartments. Super clean from the crawl space up Incl: New roof, New Windows, New Flooring. Maintenance free vinyl siding, stone landscaping, upgraded kitchens & baths, freshly painted w ring camera security system. If you transitioned to Airbnb style rentals, each 2 bedroom unit could do +/-$30,000/year. Park your car and walk to the beach, boardwalk, rides & shopping. 1 Hr from NYC, AC & Philly. P & L avail upon request to qualified buyer. Owners ready
Location
State NJ
County Ocean
Area Seaside Heights
Rooms
Basement Crawl Space
Interior
Interior Features Cable TV
Heating Electric
Cooling Multi Units
Flooring Laminate, See Remarks
Exterior
Parking Features On Street, None
Roof Type Shingle
Garage No
Building
Lot Description Other, Bayside
Sewer Public Sewer
Others
Senior Community No
Tax ID 11111111111
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Bought with Seaside Heights Realty Inc.
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12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States