$980,000
$1,049,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Sourlis Intl Realty Corp
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