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1235 Washington Avenue

Asbury Park, NJ 07712
  • $274,000
  • STATUS: Active
  • ON SITE: 27 days
  • MLS #: 22115640
Price Reduced
UPDATED: 126 min ago
$274,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,656
    SQFT
  • $165
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Great investment opportunity in Asbury Park! Ready for a quick closing. This multi-family home has two apartments. UPPER apartment has one bedroom/one bathroom (may possibly be ok as a two bedroom). Section 8 pays 100% $1060 rent. This apartment is rented. LOWER unit is VACANT, painted and cleared out. There is one bedroom/one bathroom. Utilities are paid by the tenants. Landlord pays common hallway light, water, sewer. Net annual cash flow $22,356 when both apartments were rented. It is a perfect time to get in on the HOT Asbury market! Completely AS IS sale; units will need some work.

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© 2021 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 2021-06-17T00:19:36.907.
www.candiesellshomes.com/homes/117406703
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1235 Washington Avenue Asbury Park, NJ 07712

  • Price: $274,000
  • Status: Active
  • Updated: 126 min ago
  • MLS #: 22115640
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,656
SQFT
$165
$/SQFT
1930
Built
County:
Monmouth
Area:
Asbury Park (ASB)
Property Description
Great investment opportunity in Asbury Park! Ready for a quick closing. This multi-family home has two apartments. UPPER apartment has one bedroom/one bathroom (may possibly be ok as a two bedroom). Section 8 pays 100% $1060 rent. This apartment is rented. LOWER unit is VACANT, painted and cleared out. There is one bedroom/one bathroom. Utilities are paid by the tenants. Landlord pays common hallway light, water, sewer. Net annual cash flow $22,356 when both apartments were rented. It is a perfect time to get in on the HOT Asbury market! Completely AS IS sale; units will need some work.
Exterior Features

Garage No Garage Type None Lot Dimensions 50 X 121 Parking Driveway On Street Pool YN No Roof Shingled Siding ClapboardVinyl Water View No Waterfront No

Interior Features

Basement PartialSlab Basement YN Yes Beds Unit1 1 Beds Unit2 1 Fireplace No Full Baths Unit1 1 Full Baths Unit2 1 Heat AC Ac UnitsHwbb Heat Fuel Natural Gas Master Bed Level Unit1 1 Master Bed Level Unit2 2 Water Heater Natural Gas

Property Features

Assessment Status To Be Assessed Assessment Total 93600.00 Deed Restrictions No Financing CashConventional Improvements Assessment 93600.00 Landlord Pays SewerWater Multifamily Type Two Family New Construction No Owner Corporate Rent Unit1 1250.00 Rent Unit2 1060.00 Tax Year 2020 Taxes 2748.00 Tenant Pays ElectricityGasHeatHot Water Water Sewer Public SewerPublic Water

Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Connie King of Weichert Realtors-Ocean.


© 2021 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 2021-06-17T00:19:36.907.
 
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The CG Group | RE/MAX Revolution
2101 Hwy 34, Suite B
Wall NJ, 07719