Located East of Main Street this amazing property features not one, but two homes, offering an incredible opportunity for generating rental income just a mere five blocks away from the beach. Speaking of rental income, the back unit alone generates an impressive $60,000 annually, with a proven history of success on popular platforms like Air BnB. Additionally, the front unit has immense untapped potential, with an under utilized annual rent roll of $21,600. The front home is comprised of two bedrooms, a living and dining area, and a charming enclosed porch that adds an extra touch of tranquility. The rear house boasts a spacious living room, a cozy bedroom, a versatile bonus room, and a kitchen that showcases beautiful hardwood floors. The extra long driveway provides plenty of parking so you and your tenants will never have to worry about finding a spot! Imagine the convenience of living in such close proximity to the beach, while also enjoying the benefits of a steady rental income. Schedule your showing today and turn your dreams into reality!
22400857
Duplex, Multi-Family, 1 Story
3
Monmouth
2 Full
1940
0.09
Acres
1
Public Sewer
None
School Information
Belmar
Belmar
Manasquan
Bathrooms
2
Total:2
Interior Features
- Flooring
- Ceramic Tile, Wood
- Cooling
- Multi Units
- Heating
- Electric Heating. Baseboard.
- Basement
- Crawl Space
Exterior / Lot Features
- Parking
- Paved, Off Street, On Street, None.
- Patio
- Deck
- Roof
- Shingle
- Lot Dimensions
- 40 x 94
- Zoning
- Residential, Multi-Family
Financial Considerations
46-00010-0000-00025
$8,205
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