113 New Brunswick Avenue
Lavallette, NJ 08735
6 beds | 3 baths | 0.11 acres | #22426771
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.
Interior Details
- Cooling FeaturesMulti Units
- Cooling1
Beds & Baths
- Bedrooms6
- Bathrooms3
- Full Baths3
Property Details
- Exterior FeaturesBBQ, Locked Storage
Measurements
- Acres0.11
Parking
- Parking FeaturesOff Street, Assigned
Construction Details
- BasementDirt Floor, Crawl Space
- Property TypeMulti-Family
Condition
- Year Built1955
Material information
- RoofShingle
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- High SchoolPOINT PLEASANT BEACH
- ZoningNeighborhood
- Elementary SchoolLAVALLETTE
- CountyOcean
Other
- MLS #22426771
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Anthony Belli (#14844)
Listing Office: Schlosser Real Estate, Inc. (#1401)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.