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Key Details
Sold Price $2,860,000
Property Type Multi-Family
Sub Type Multiple Buildings
Listing Status Sold
Purchase Type For Sale
Square Footage 7,782 sqft
Price per Sqft $367
Municipality Long Branch (LON)
MLS Listing ID 22419155
Sold Date 10/29/24
Bedrooms 19
Full Baths 13
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1910
Annual Tax Amount $19,180
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 88 x 137
Property Description
Welcome to your prime investment opportunity in Long Branch! This 12-family property, just blocks from the beach, offers a lucrative income stream in a booming neighborhood bursting with potential. Boasting 19 bedrooms in total, this income-producing gem promises not only a steady cash flow but also the prospect of future appreciation. Seize the chance to capitalize on the growing appeal of this coastal community, where sun, sand, and smart investments converge. Don't miss out on this golden opportunity to ride the wave of success in Long Branch's flourishing real estate market.
Location
State NJ
County Monmouth
Area None
Direction 35-39 Second Ave, Long Branch in GPS
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling Other
Exterior
Garage Paved
Waterfront No
Parking Type Paved
Garage No
Building
Sewer Public Sewer
Water Public
Schools
Middle Schools Long Branch
Others
Senior Community No
Tax ID 27-00287-0000-00008
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Bought with Weichert Realtors
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676