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Key Details
Sold Price $990,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Municipality Neptune Twp (NPT)
Subdivision Ocean Grove
MLS Listing ID 22326536
Sold Date 12/08/23
Style Colonial
Bedrooms 6
Full Baths 3
HOA Y/N No
Originating Board Monmouth Ocean Regional Multiple Listing Service
Property Description
Welcome to this charming new listing in the heart of Ocean Grove, a quaint shore town where the beach, downtown, and the vibrant Asbury Park are all within a stone's throw. This property is a prime investment opportunity, perfect for those looking to maximize income potential. With three separate apartments, you have the flexibility to live in one and rent out the other two, ensuring a steady stream of rental income. The convenience of being close to NJ Transit makes commuting a breeze, while the allure of the nearby beach and bustling Asbury Park adds to the appeal. The first apartment boasts a comfortable bedroom, living room, dining room and kitchen. Ascend to the second floor to apartment #2 and find three spacious bedrooms with a generous living room, dining room and kitchen. On the third floor, you'll find a large two-bedroom apartment that completes this income-generating property. With a proven track record of success in the short-term rental market and numerous recent improvements, this triplex is a solid investment opportunity. Don't miss your chance to own a piece of this desirable coastal community that offers both a comfortable residence and a promising income generator. Home is well maintained and is being sold as is.
Location
State NJ
County Monmouth
Area Ocean Grove
Direction Main St to Main Ave
Rooms
Basement Partial, Walk-Out Access
Interior
Interior Features French Doors
Heating Natural Gas
Cooling Multi Units
Fireplace No
Exterior
Exterior Feature Deck
Garage On Street
Waterfront No
Roof Type Shingle
Garage No
Building
Story 3
Sewer Public Sewer
Architectural Style Colonial
Level or Stories 3
Structure Type Deck
New Construction No
Schools
Middle Schools Neptune
High Schools Neptune Twp
Others
Senior Community No
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Jeffrey Lee
Broker Associate - Team Leader | License ID: 0683786
Broker Associate - Team Leader License ID: 0683786