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    1026 Monroe Avenue

    Asbury Park, NJ 07712
    • $510,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: 22042001
    Price Reduced
    $510,000
    • 7
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    If you're a savvy investor, this property is for you! Over $53k net income per year from this 3 family investment property. That's a CAP rate of over 10%! Great neighborhood of Asbury near everything! Main house has 2 units: 3BR/1BA downstairs, 2BR/1BA upstairs. Detached rear cottage has 2BR/1BA. Main house has new roof (2019). Rear cottage fully renovated in 2019. Main house renovated approximately 5 years ago. Separate gas and electric for each unit. All units have hardwood floors throughout. Double wide driveway can accommodate 3-4 cars. Contact me today and start your 2021 year off right!

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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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-01-22T00:19:31.133.
    www.sellitpat.com/homes/112303336
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    1026 Monroe Avenue Asbury Park, NJ 07712

    • Price: $510,000
    • Status: Active
    • MLS #: 22042001
    7
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    Neighborhood:
    None
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    If you're a savvy investor, this property is for you! Over $53k net income per year from this 3 family investment property. That's a CAP rate of over 10%! Great neighborhood of Asbury near everything! Main house has 2 units: 3BR/1BA downstairs, 2BR/1BA upstairs. Detached rear cottage has 2BR/1BA. Main house has new roof (2019). Rear cottage fully renovated in 2019. Main house renovated approximately 5 years ago. Separate gas and electric for each unit. All units have hardwood floors throughout. Double wide driveway can accommodate 3-4 cars. Contact me today and start your 2021 year off right!
    Exterior Features

    Garage No Parking Spaces 3.00 Pool YN No Roof Shingled Water View No Waterfront No

    Interior Features

    Basement Full Basement YN Yes Beds Unit1 3 Beds Unit2 2 Beds Unit3 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Heat AC 3+ Zoned HeatForced Hot Air Heat Fuel Natural Gas Master Bed Level Unit1 1 Master Bed Level Unit2 2 Master Bed Level Unit3 2 Unit1 Ac UnitFurnaceGas StoveRefrigeratorWater Heater Unit2 Ac UnitFurnaceGas StoveRefrigeratorWater Heater Unit3 Ac UnitDishwasherFurnaceGas StoveRefrigeratorWasher HookupWater Heater Water Heater Natural Gas

    Property Features

    Assessment Land 130600.00 Assessment Status Assessed Assessment Total 447000.00 Deed Restrictions No Est Total Expenses 9740.00 Financials Per Year Gross Income 63000.00 Handicap Access No Improvements Assessment 316400.00 Insurance Expense 2288.00 Multifamily Type Three Family Net Income 53260.00 Owner Individual(s) Real Estate Tax Expense 6306.00 Rent Unit1 1850.00 Rent Unit2 1600.00 Rent Unit3 1800.00 Tax Year 2020 Taxes 6306.00 Water Sewer Public SewerPublic Water Water Sewer Expense 1146.00

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Elizabeth Justin of Re/Max Elite.


    © 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 MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-01-22T00:19:31.133.
     
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    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753