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Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Tuckerton Boro
MLS Listing ID NJOC2027978
Sold Date 10/18/24
Style Unit/Flat
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $8,525
Tax Year 2023
Lot Size 8,760 Sqft
Acres 0.2
Lot Dimensions 73.00 x 120.00
Property Description
Income Property Listing: Prime Investment Opportunity
Multi-Family/Commercial Income Property
Discover a lucrative investment opportunity with this exceptional income property featuring two distinct buildings, all situated on a spacious lot in a desirable neighborhood.
Main Building:
- Office Space: The Main floor retail space is occupied by a long term AAA National tenant with outstanding lease terms. The space recently underwent a major renovation by the tenant and boasts a lave view, abundant natural light and a welcoming environment
- Three-Bedroom Apartment: The other half offers a beautifully maintained three-bedroom apartment. This residence features a kitchen, spacious living area, and convenient access to outdoor space, making it an attractive option for tenants.
Cottage:
- Nestled on the property is a recently renovated cozy two-bedroom cottage, currently rented and generating additional income. This charming space is perfect for long-term tenants seeking a peaceful retreat.
Additional Features:
- Ample parking for tenants and clients
- Convenient access to local amenities, schools, and public transport
**Investment Highlights:**
- Strong rental history with established tenants
- Diverse income streams from multiple rental units
- Potential for value appreciation in a growing market
Don’t miss out on this fantastic opportunity to own a multi-family/commercial income property with excellent cash flow potential. Schedule a viewing today and take the first step towards enhancing your investment portfolio!
Invest in your future with this outstanding property!
Location
State NJ
County Ocean
Area Tuckerton Boro (21533)
Zoning SV
Interior
Hot Water Natural Gas, Electric
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Wall Unit
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Others
Tax ID 33-00026-00005
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327