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$1,980,000
48 Days On Site
140 OCEAN AVENUEPOINT PLEASANT BEACH, NJ 08742
For Sale|Quadruplex|Active
2
Beds
0
Total Baths
2,611
SqFt
$758
/SqFt
1936
Built
Subdivision:
POINT PLEASANT BEACH
County:
OCEAN
Listing courtesy of LPT Realty, LLC
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215-206-1980
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Welcome to Point Pleasant Beach! Rent Ready: 6.8% Cap rate! $135,000 Net Operating Income Year to Date. This 4 unit compound on beach block features 2 buildings with patios, decks, outside showers, and storage. Unit 1 has 4 bedrooms, 2 full bathrooms. Unit 2 has 4 bedrooms, 1 full bathroom. Unit 3 has 1 bedroom, 1 full bathroom. Unit 4 has 1 bedroom, 1 full bathroom. The 2025 rent consists of short term rentals in units 1 and 2, along with month to month rentals in units 3 and 4. There is potential for more income if all units are utilized as short term rentals.
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Listing Snapshot
Price
$1,980,000
Days On Site
48 Days
Bedrooms
2
Inside Area (SqFt)
2,611 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1936
MLS® Number
NJOC2038074
Status
Active
Property Tax
$9,624
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Price changed to $1,980,000 | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.08
Number Of Stories
2
Parking
Off SiteParking Lot
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2611
SqFt Total
2611
Style
Other
Utilities
Cable AvailableNatural Gas AvailableSewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
RR1
Interior Features
Appliances
CooktopGas Water HeaterDryerWasherRefrigerator
Basement
Unfinished
Cooling
Central AirCeiling Fan(s)Multi UnitsWindow Unit(s)GasElectric
Furnished?
All Units
Heating
Natural GasCentralForced Air
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Exterior Features
Construction Details
Frame
Exterior
Storage
Patio And Porch
DeckPatio
Pool Features
None
Roof
Shingle
Community Features
MLS Area
Point Pleasant Beach Boro (21526)
Listing courtesy of LPT Realty, LLC
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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