$925,000
$999,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
SOLD DATE : 08/01/2020
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Multiple Buildings
Listing Status Sold
Purchase Type For Sale
Municipality Seaside Heights (SEH)
MLS Listing ID 22007393
Sold Date 08/01/20
Full Baths 1
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1972
Annual Tax Amount $1,408
Tax Year 2019
Lot Dimensions 40 x 100
Property Description
8-unit apartment building, Ocean block. This is actually 8 condos, each with its own deed and electric meter. 4 studios, 4 2bdr. Steps to the ocean and 3 minutes from the bridge, a few houses away from the ''Jersey Shore'' house, great location on the north end of town. Seaside values are definitely on the rise and this property has very good upside potential. This property can be rented as year-round apartments, as it is currently, turned into seasonal units, Airbnb, or sold as separate units. Offered at 8% cap rate. Being marketed w/3 family located at 512 Coolidge Ave in TR.
Location
State NJ
County Ocean
Area Seaside Heights
Direction Google
Rooms
Basement Slab
Interior
Heating Electric BB
Building
New Construction No
Others
Senior Community No
Tax ID 27-00039-0000-00051-01-C.A1
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Bought with Melrose Realty, LLC
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