Seaside Heights, NJ 08751,51 Blaine Avenue
Seaside Heights, NJ 08751,51 Blaine Avenue
Seaside Heights, NJ 08751,51 Blaine Avenue
Seaside Heights, NJ 08751,51 Blaine Avenue
Seaside Heights, NJ 08751,51 Blaine Avenue
Seaside Heights, NJ 08751,51 Blaine Avenue
See all 51 photos

$649,000

$759,900

14.6%
Est.Price: ?

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Est. payment /mo

12 Beds

6 Baths

3,928 SqFt


SOLD DATE : 06/18/2021

Key Details

Sold Price $649,000

Property Type Multi-Family

Sub Type Four Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,928 sqft

Price per Sqft $165

Municipality Seaside Heights (SEH)

MLS Listing ID 22036447

Sold Date 06/18/21

Bedrooms 12

Full Baths 6

Originating Board Monmouth Ocean Regional Multiple Listing Service

Year Built 1940

Annual Tax Amount $9,366

Tax Year 2019

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 38 x 100

Property Description

Great Investment opportunity with positive cash flow. OCEAN BLOCK, very desirable. Two amazing homes on one property, a total of 4 units: four 3-bedrooms all separate utilities. All modern and recently updated with granite countertops, stainless steel appliance and more. Owner intends to leave all furniture: ready for accepting new guest, no additional work needed. Excellent rental history, $100,000 yearly. THIS IS A MUST SEE TO BELIEVE!!! The GRM is 7.5 the capitalization rate is 11.8%. Owner only rented during the summer, additional revenues possible with winter rentals. Enjoy the Jersey Shore Beaches while being the proud owner of a well establish beach home. Seaside values are definitely on the rise and this property is turn key ready!!

Location

State NJ

County Ocean

Area None

Direction Garden State Parkway North to Exit 82 Route N37 towards Seaside heights, keep left at the fork in the road, follow signs for NJ-35N/Seaside hts/Pt Pleasant, slight right toward Sumner Ave, turn left on Sumner Ave, turn left onto Ocean Terrace, turn left onto Blaine Ave.

Rooms

Basement Other

Interior

Heating Forced Air

Cooling Multi Units

Flooring Laminate

Exterior

Exterior Feature Beach Access

Garage Off Street, None

Roof Type Shingle

Parking Type Off Street, None

Garage No

Building

Lot Description Ocean Block

Structure Type Beach Access

Others

Senior Community No

Tax ID 27-00007-01-00051

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Monmouth Ocean MLS (MOMLS)
Listed by Van Dyk Group
Bought with Van Dyk Group
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