Red Bank, NJ 07701,64 Wallace Street
Red Bank, NJ 07701,64 Wallace Street
Red Bank, NJ 07701,64 Wallace Street
Red Bank, NJ 07701,64 Wallace Street
Red Bank, NJ 07701,64 Wallace Street
Red Bank, NJ 07701,64 Wallace Street
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$980,000

$1,049,000

6.6%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

2,652 SqFt


SOLD DATE : 12/13/2024

Key Details

Sold Price $980,000

Property Type Multi-Family

Sub Type Three Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,652 sqft

Price per Sqft $369

Municipality Red Bank (RED)

MLS Listing ID 22415332

Sold Date 12/13/24

Bedrooms 3

Full Baths 3

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1907

Annual Tax Amount $17,839

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 120

Property Description

Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm.
The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views.
On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure.
Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success.
Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer.
Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

Location

State NJ

County Monmouth

Area None

Direction Broad to Wallace

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Exterior

Garage Spaces 3.0

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 39-00048-0000-00015

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Monmouth Ocean MLS (MOMLS)
Listed by Weichert Realtors-Spring Lake
Bought with Sourlis Intl Realty Corp
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