$1,300,000
$1,100,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/23/2022
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Seaside Heights
MLS Listing ID NJOC2000850
Sold Date 05/23/22
Style Colonial
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $12,000
Tax Year 2020
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 listing agent for showing
Location
State NJ
County Ocean
Area Seaside Heights Boro (21527)
Zoning RESIDENTIAL
Rooms
Basement Daylight, Full, Front Entrance, Fully Finished, Heated, Windows, Workshop
Interior
Interior Features Combination Kitchen/Living, Kitchen - Eat-In, Kitchen - Table Space
Hot Water Natural Gas
Heating Other
Cooling Ductless/Mini-Split, Multi Units
Equipment Built-In Microwave, Dishwasher, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator
Fireplace N
Appliance Built-In Microwave, Dishwasher, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Water Available, Electric Available, Natural Gas Available
Waterfront N
Water Access N
View Ocean
Roof Type Asphalt
Accessibility Other
Garage N
Building
Sewer No Septic System
Water Community, Public
Architectural Style Colonial
Additional Building Above Grade
New Construction N
Others
Tax ID 27-00007 01-00045
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Alyson Cinquemani • The Van Dyk Group - Manahawkin
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