Description
This well-located property in Neptune offers multiple income streams with strong tenancy in place. The building includes an owner-operated laundromat, along with three leased units: a convenience store, barber shop, and residential apartment. With high visibility, steady neighborhood traffic, and established leases, 1528 Monroe Ave presents an excellent opportunity for both investors and owner-operators seeking reliable cash flow in a proven location. There is ample parking as well in the building. Current Rent Roll Convenience Store: $2,408.00 Barbershop:$1155.00 2-bedroom residential apartment: $1,575 Landlord pays sewer, but all other utilities are separated and paid by tenants.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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3,962SQFT
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$196$/SQFT
School Ratings & Info
Description
This well-located property in Neptune offers multiple income streams with strong tenancy in place. The building includes an owner-operated laundromat, along with three leased units: a convenience store, barber shop, and residential apartment. With high visibility, steady neighborhood traffic, and established leases, 1528 Monroe Ave presents an excellent opportunity for both investors and owner-operators seeking reliable cash flow in a proven location. There is ample parking as well in the building. Current Rent Roll Convenience Store: $2,408.00 Barbershop:$1155.00 2-bedroom residential apartment: $1,575 Landlord pays sewer, but all other utilities are separated and paid by tenants.
© 2025 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 2025-11-17T09:19:15.31.
Listing information © 2025 Monmouth-Ocean MLS. Listing provided courtesy of Nicholas Sinopoli of NJ Elite Group LLC: 732-523-0757.