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Key Details
Sold Price $712,500
Property Type Multi-Family
Sub Type Five Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,824 sqft
Price per Sqft $186
Municipality Asbury Park (ASB)
MLS Listing ID 22011592
Sold Date 10/29/20
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1920
Annual Tax Amount $8,392
Tax Year 2019
Lot Dimensions 50 x 150
Property Description
INVESTOR ALERT! A rare opportunity to own 2 side-by-side multi units only 3 blocks from the Asbury Park ocean and boardwalk! (see MLS #22011585 for details on the 3 unit ). Owned by the same family since the 60's, this well managed 5 family resides on a large 50'x150' lot with a driveway for 4 plus cars to park off street. NJ 5 year inspection good thru 9/2024. Rents are under market so room for growth. Options abound as you can occupy one of the units, rent out all 5 or restore to a single family and collect rent from the 3 unit next door. Income and expenses provided upon request.
Location
State NJ
County Monmouth
Area Ne Asbury Pk
Direction Heading North on Main Street turn right and head East on 3rd Avenue. Multi family located on left hand side.
Rooms
Basement Full, Tenant Storage, Shared Storage
Interior
Heating HWBB
Flooring Linoleum/Vinyl, W/W Carpet, Wood, Laminate, Ceramic Tile
Fireplaces Number 2
Exterior
Exterior Feature Lighting
Garage Open, Off Street, On Street, None
Waterfront No
Roof Type Shingle
Garage No
Building
Lot Description Fenced Area, Level, Oceanside
Sewer Public Sewer
Structure Type Lighting
New Construction No
Others
Senior Community No
Tax ID 04-03402-0000-00016
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Bought with NON MEMBER
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Jeffrey Lee
Broker Associate - Team Leader | License ID: 0683786
Broker Associate - Team Leader License ID: 0683786