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Lavallette,NJ 08735
Key Details
Property Type Multi-Family
Sub Type Three Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $592
MLS Listing ID 22426771
Bedrooms 6
Full Baths 3
Year Built 1955
Annual Tax Amount $5,864
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income.
The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat.
The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition.
Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.
Location
State NJ
County Ocean
Area Shn Lavallette
Interior
Heating Baseboard
Cooling Multi Units
Exterior
Exterior Feature BBQ,Locked Storage
Garage Off Street,Assigned
Waterfront No
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
Structure Type BBQ,Locked Storage
New Construction No
Schools
Elementary Schools Lavallette
High Schools Point Pleasant Beach