$1,300,000
$1,300,000
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12 Beds
2 Baths
4,356 Sqft Lot
SOLD DATE : 04/26/2022
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Five Family
Listing Status Sold
Purchase Type For Sale
Municipality Seaside Heights (SEH)
MLS Listing ID 22203479
Sold Date 04/26/22
Bedrooms 12
Full Baths 2
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1950
Annual Tax Amount $14,802
Tax Year 2021
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 42 x 100
Property Description
Investors Dream!! This unique 5 family, beach block! CAP Rate greater than 12%!! Won't last, can bring in over 150K in just summer rentals. This property was completely renovated inside and outside, New siding, windows, roof, kitchen, baths, flooring, deck, and fully furnished. High demand rental area, walk to everything. Steps to the beach, Waterpark, Boardwalk, Rides, and Restaurants. Close to all the major hubs: NYC, Philly and AC. This is a great investment opportunity and great time to own in a resort town that is growing. Property consists of Two 4- bdrms, Two 2- bdrms and One 6-bdrm. Call or text agent for showing
Location
State NJ
County Ocean
Area Seaside Heights
Direction GSP exit 82 to Seaside Heights
Rooms
Basement Finished
Interior
Heating Other
Cooling Multi Units, Other
Flooring Laminate, Ceramic Tile
Exterior
Exterior Feature Deck, Board Walk, Ocean View
Parking Features Off Street, None
Roof Type Shingle
Garage No
Building
Lot Description Ocean Block
Sewer Public Sewer
Structure Type Deck, Board Walk, Ocean View
Others
Senior Community No
Tax ID 27-00007-01-00045
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Bought with Van Dyk Group
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