$1,680,000
$1,600,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
3,995 SqFt
SOLD DATE : 06/06/2023
Key Details
Sold Price $1,680,000
Property Type Multi-Family
Sub Type Five Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,995 sqft
Price per Sqft $420
Municipality Long Branch (LON)
MLS Listing ID 22305134
Sold Date 06/06/23
Bedrooms 9
Full Baths 5
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1880
Annual Tax Amount $12,454
Tax Year 2022
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 111 x 139
Property Description
This is a trophy property for any investor. 5 family house sits on an oversized lot in a highly sought neighborhood. Homes in this neighborhood do not come up very often. Take advantage of this rare opportunity. Buy the investment and when you are ready build your dream home here. If you are a restoration fan this could be restored into the late 19th century single family show piece, it once was. The existing property has a rent roll of $7,850 per month, separated electric, gas and hot water 1 Block to the train, 1/2 mile to the ocean, 1/2 mile to Monmouth University, walk to houses of worship.
Location
State NJ
County Monmouth
Area Elberon
Direction Ocean Blvd to west onto Park Ave south onto Lincoln Ct
Rooms
Basement Partial
Interior
Heating Baseboard
Cooling Other
Fireplaces Number 3
Building
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Elberon
Middle Schools Long Branch
High Schools Long Branch
Others
Senior Community No
Tax ID 27-00011-0000-00011
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Bought with Atlantic Group Realty