1004 5th Avenue

    Asbury Park, NJ 07712
    • $1,700,000
    • STATUS: Active
    • ON SITE: 76 days
    • MLS #: 22009491
    UPDATED: 31 min ago
    $1,700,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    'THE ARCHES ON FIFTH'' Restored to the studs gut renovation seashore colonial. 2 buildings, 12 units situated on Fifth Avenue, one of Asbury's premiere streets. Thus quiet, tree-lined avenue is a bike ride away from the downtown, beach & boardwalk. 5 studios and 7 one BRs offer affordable options for today's renters. Tenants pay own util (water/electric/& elec heat). So many possibilities! Leave the main as 6 units, or customize to suit your personal needs, leaving the back building intact as a six unit income producer. Featuring hardwood floors, spacious bathrooms, common basement storage, deep rocking chair porch, courtyard & both private & shared outdoor spaces. ''THE ARCHES ON 5TH'' is a pleasant place to live. Condo conversion is a possibility. Don't let this rare multi pass you by

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    © 2020 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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-05-25T07:19:19.95.
    www.sellitpat.com/homes/103983006

    1004 5th Avenue Asbury Park, NJ 07712

    • Price: $1,700,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 22009491
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Asbury Park (ASB)
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    'THE ARCHES ON FIFTH'' Restored to the studs gut renovation seashore colonial. 2 buildings, 12 units situated on Fifth Avenue, one of Asbury's premiere streets. Thus quiet, tree-lined avenue is a bike ride away from the downtown, beach & boardwalk. 5 studios and 7 one BRs offer affordable options for today's renters. Tenants pay own util (water/electric/& elec heat). So many possibilities! Leave the main as 6 units, or customize to suit your personal needs, leaving the back building intact as a six unit income producer. Featuring hardwood floors, spacious bathrooms, common basement storage, deep rocking chair porch, courtyard & both private & shared outdoor spaces. ''THE ARCHES ON 5TH'' is a pleasant place to live. Condo conversion is a possibility. Don't let this rare multi pass you by
    Exterior Features

    Garage No Parking Driveway On Street Parking Spaces 0.00

    Interior Features

    Elevators 0.00 Elevators Capacity 0.00 Heat Fuel Electric Rental Units 12 Water Heater Electric

    Property Features

    Assessment Land 384000.00 Assessment Status Assessed Assessment Total 1315300.00 Business Operating Yes Commercial Type Multi-Family Deed Restrictions No Documents Available EnvironmentalProof Of Zone Electric1 200 - 400 AMP Farm Assessed No Franchise No Gas No Gas Handicap Access No Improvements Assessment 931300.00 Landlord Pays InsuranceJanitorialSewerSnow RemovalTaxesWaterYard Maintenance Lease No New Construction No Sale Yes Sewer Public Sewer Tax Year 2019 Taxes 21702.00 Use Apartments Water Public Water Year Established 2012.00 Zoning CommercialMulti-Family

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Susan Mccarthy of Diane Turton, Realtors-Asbury Park.


    © 2020 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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-05-25T07:19:19.95.
     
    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753