Description
Rare opportunity to own a piece of Asbury Park! Live or vacation in one unit of this 2-story legal 2- family with two separate addresses, entrances, & utilities & rent the other unit to offset costs or easily convert to a single-family.Located in quiet northwest area of AP near the Ocean Twp. border. Great rental history. New roof in 2020. Upstairs unit (1104 Drummond features 3 BR , LR, eat-in-kitchen with washer/dryer and bath with a tub. Unit occupied by same tenant for 10 years currently under market value on a month-to-month basis. Downstairs unit (1102 Drummond) renovated in 2022 has 2 BR, large LR/DR combo, kitchenette and bath w/ shower. & features private patio. Lease expires 8/31/23. Located on low maintenance lot with off-street parking on a street with homes valued over 1M.Rent- 1104 2nd floor $1,650.00 Rent- 1102 1st floor $2,100.00 Owners Costs- Annual water $1,420.00 Sewer $869, Taxes-2022 $7,014 Property Insurance $3,553.
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5BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,728SQFT
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$362$/SQFT
School Information
Description
Rare opportunity to own a piece of Asbury Park! Live or vacation in one unit of this 2-story legal 2- family with two separate addresses, entrances, & utilities & rent the other unit to offset costs or easily convert to a single-family.Located in quiet northwest area of AP near the Ocean Twp. border. Great rental history. New roof in 2020. Upstairs unit (1104 Drummond features 3 BR , LR, eat-in-kitchen with washer/dryer and bath with a tub. Unit occupied by same tenant for 10 years currently under market value on a month-to-month basis. Downstairs unit (1102 Drummond) renovated in 2022 has 2 BR, large LR/DR combo, kitchenette and bath w/ shower. & features private patio. Lease expires 8/31/23. Located on low maintenance lot with off-street parking on a street with homes valued over 1M.Rent- 1104 2nd floor $1,650.00 Rent- 1102 1st floor $2,100.00 Owners Costs- Annual water $1,420.00 Sewer $869, Taxes-2022 $7,014 Property Insurance $3,553.
© 2023 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 The CG Group | RE/MAX Revolution. Data last updated 2023-06-01T10:23:41.213.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Francine Simonsen of Mcneely Agency: (732) 775-0208.