$ 1,980,000
-
$1,980,000
Price -
2
Bed -
0
Bath -
2,611
SqFt
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Open House Times
- Sat. Dec. 20 at 3:00pm to 5:00pm
About the Listing LPT6 - 3384635
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. Open House: Saturday 12/20 at 3:00 pm to 5:00 pm
Listing Highlights
Status
Active
Days on Site
50
Property Type
Multi-Family
MLS ®
NJOC2038074
Year Built
1936
Total Square Footage
2,611
Lot/Acreage
0.08
Interior Details
- Bedrooms: 2
- Bathrooms: 0 Full
- Appliances: Dryer, Washer, Refrigerator, Stove
- Air Cond: Central A/C,Ceiling Fan(s),Multi Units,Window Unit(s)
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Engineered Wood
- Above Ground Sq Ft: 2611
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: RR1
- Roof: Architectural Shingle
- Others: Outside Shower,Secure Storage,Excellent
- Sewer: Public Sewer
- Parking Features: Off Site,Parking Lot
Financial Details
- Tax Amount: $9,624
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
140 Ocean Ave Point Pleasant Beach, NJ 08742
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