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246-248 Westwood Avenue

Long Branch, NJ 07740
  • $1,100,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 22234080
UPDATED: 4 min ago
$1,100,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic investor opportunity with a high income producing property in desirable Long Branch. Spacious side by side units offer 3 bedrooms and 2 full baths each with basement access for storage and laundry, as well as walk up attic access for additional storage or a great home office space. Fully leased at current rental rates, the tenants pay all utilities including sewer. The detached garage and extra parking behind the house is also rented for additional income. Great location near to schools, NYC transportation, stores, hospital and of course the beach and Pier Village. A truly must see and perfect asset for your real estate collection. Schedule a tour today.

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© 2022 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 Gloria Nilson & Co Real Estate. Data last updated 2022-12-08T12:20:15.927.
www.homesandlandnj.com/homes/134476618
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246-248 Westwood Avenue Long Branch, NJ 07740

  • Price: $1,100,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 4 min ago
  • MLS #: 22234080
6
Beds
4
Baths
0
½ Baths
0.17
Acres
County:
Monmouth
Area:
Long Branch (LON)
Elementary School:
Gregory
Middle School:
Long Branch
High School:
Long Branch
Property Description
Fantastic investor opportunity with a high income producing property in desirable Long Branch. Spacious side by side units offer 3 bedrooms and 2 full baths each with basement access for storage and laundry, as well as walk up attic access for additional storage or a great home office space. Fully leased at current rental rates, the tenants pay all utilities including sewer. The detached garage and extra parking behind the house is also rented for additional income. Great location near to schools, NYC transportation, stores, hospital and of course the beach and Pier Village. A truly must see and perfect asset for your real estate collection. Schedule a tour today.
Exterior Features

Exterior DeckFenceLightingShedStorm Door(S) Garage Yes Garage Type Detached Lot Description Fenced AreaLevel Lot Dimensions 50 X 150 Pool YN No Roof Shingled Siding Vinyl Water View No Waterfront No

Interior Features

Basement FullTenant Acc Basement YN Yes Beds Unit1 3 Beds Unit2 3 Floors Ceramic TileLaminateVinylWood Full Baths Unit1 2 Full Baths Unit2 2 Heat AC Central Air Heat Fuel Forced AirRadiant Interior Attic - Walk Up Master Bed Level Unit1 2 Master Bed Level Unit2 2 Unit1 DryerElectric MeterGas MeterRefrigeratorWasher Unit2 DryerElectric MeterElectric StoveFurnaceRefrigeratorWasher Water Heater Other - See Remarks

Property Features

Assessment Land 119600.00 Assessment Status Assessed Assessment Total 520200.00 Deed Restrictions No Est Total Expenses 10624.00 Excluded Tenants' Personal Property Financials Per Year Gross Income 86400.00 Improvements Assessment 400600.00 Insurance Expense 3014.00 Multifamily Type Duplex Net Income 75776.00 Other High Red Bank Cath Owner Individual(s) Real Estate Tax Expense 7610.00 Rent Unit1 3200.00 Rent Unit2 3200.00 Rent Unit3 800.00 Tax Year 2021 Taxes 7610.00 Tenant Pays ElectricityGasSewerWater Water Sewer Public SewerPublic Water

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Michele Irizarry of Shore Prime Properties Llc: (732) 759-8043.


© 2022 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 Gloria Nilson & Co Real Estate. Data last updated 2022-12-08T12:20:15.927.
 
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Gloria Nilson & Co Real Estate
110 Avenue Of Two Rivers
Rumson NJ, 07760