Description
Great Investment opportunity with positive cash flow. Cap Rate 11%! OCEAN BLOCK, very desirable. A total of 2 units: each unit has 4 bedrooms and 2 full baths. All modern and recently updated with granite countertops, stainless steel appliance and more. Owner intends to leave all furniture: ready for accepting new guest, no additional work needed. Excellent rental history, $112,000 yearly income just in summer rentals, more revenue potential in winter!! THIS IS A MUST SEE TO BELIEVE!!! Enjoy the Jersey Shore Beaches while being the proud owner of a well establish beach home. Seaside values are definitely on the rise and this property is turn key ready!!
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8BEDS
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0.09ACRES
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4BATHS
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01/2 BATHS
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3,000SQFT
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$298$/SQFT
School Ratings & Info
Description
Great Investment opportunity with positive cash flow. Cap Rate 11%! OCEAN BLOCK, very desirable. A total of 2 units: each unit has 4 bedrooms and 2 full baths. All modern and recently updated with granite countertops, stainless steel appliance and more. Owner intends to leave all furniture: ready for accepting new guest, no additional work needed. Excellent rental history, $112,000 yearly income just in summer rentals, more revenue potential in winter!! THIS IS A MUST SEE TO BELIEVE!!! Enjoy the Jersey Shore Beaches while being the proud owner of a well establish beach home. Seaside values are definitely on the rise and this property is turn key ready!!
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Nicole Rabbat Levine | Heritage House Sotheby's International Realty. Data last updated 2023-02-08T11:20:28.017.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Alyson Cinquemani of Van Dyk Group: (609) 597-1988.