Camassa Agency Realtors

Asbury Park

  • Status: Active
  • Price: $889,900
  • Listing Id: 21803171
  • Type: Multi Family

NEW & IMPROVED! 8 unit multi-family w/6 apts in the front house & 2 apts. in rear house. Over 4300 sq.ft well maintained living space in an area of $1M plus homes. Good rental history w/ long term tenants. A few short blocks to our award winning beach & boardwalk. Recently issued State Green Card certified for the next 5 years. Newer high efficiency Weil-McLain gas furnace & quick recovery hot water heater. 200 amp updated electrical service. Newer vinyl siding and vinyl replacement windows. Mostly hardwood flooring throughout. Est. gross income almost of $94K/year w/ a net of almost $65K. Expenses are approx $29,000 annually. Current rents are mostly all under market. Former finished basement w/a full bath that could possibly allow for expansion. Private rear yard. A great investment.


Property Information

  • Garage: No
  • Taxes: $12,682
  • Lot Desc: Oceanside
  • Lot Loc: 50 x 150
  • Zoning: Multi-Family,Neighborhood,Non-Conforming
  • County: Monmouth

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Listing provided courtesy of Robert M Roccia - RE/MAX Gateway

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