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    417 Wheaton Avenue

    Bayville, NJ 08721
    • $950,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 22036012
    UPDATED: 52 min ago
    $950,000
    • 13
      BEDS
    • 0.17
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,600
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2010
    County:

    School Information

    Middle School:

    Description

    Rarely does a blue-chip investment property of this quality come to market. This new condition 9 year young 4 unit 5600sf townhouse complex consists of two 4 bed 2 bath units, one 3 bed 2 bath unit and one 2 bed 1 1/2 bath unit. Quality built fully independent units all feature laundry rooms gas heat, separate utilities and central air. Tremendous up side landlord has not given rent increase and rents are well below market value 3 out of 4 units are month to month and rent can be raised with new leases. Rent roll now at $ 6,175 per month with bringing rent up to market value it should exceed $ 7,000 per month. Don't hesitate start building your retirement now with this low maintenance quality built complex. Rates are great. Tenants pay all utilitiesOwner is a NJ licensed realtor

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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 2020-12-01T14:19:38.283.
    www.sellitpat.com/homes/110735059
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    417 Wheaton Avenue Bayville, NJ 08721

    • Price: $950,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 22036012
    13
    Beds
    8
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,600
    SQFT
    $170
    $/SQFT
    2010
    Built
    Neighborhood:
    Berkeley Twp
    County:
    Ocean
    Area:
    Berkeley (BER)
    Middle School:
    Central Reg Middle
    Property Description
    Rarely does a blue-chip investment property of this quality come to market. This new condition 9 year young 4 unit 5600sf townhouse complex consists of two 4 bed 2 bath units, one 3 bed 2 bath unit and one 2 bed 1 1/2 bath unit. Quality built fully independent units all feature laundry rooms gas heat, separate utilities and central air. Tremendous up side landlord has not given rent increase and rents are well below market value 3 out of 4 units are month to month and rent can be raised with new leases. Rent roll now at $ 6,175 per month with bringing rent up to market value it should exceed $ 7,000 per month. Don't hesitate start building your retirement now with this low maintenance quality built complex. Rates are great. Tenants pay all utilitiesOwner is a NJ licensed realtor
    Exterior Features

    Exterior Insulated DoorsScreens Garage No Lot Dimensions 50 X 151 Parking Driveway Off StreetOpen Lot Parking Spaces 20.00 Pool YN No Roof Timberline Siding Vinyl Water View No Waterfront No

    Interior Features

    Basement Crawl Space Basement YN No Beds Unit1 4 Beds Unit2 4 Beds Unit3 3 Beds Unit4 2 Fireplace No Floors W/W CarpetWood Full Baths Unit1 2 Full Baths Unit3 2 Full Baths Unit4 1 Half Baths Unit4 1 Heat AC Central AirForced Hot Air Heat Fuel Natural Gas Interior Attic - Pull Down StrsCable Tv Master Bed Level Unit3 2 Unit1 Ac UnitDishwasherDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasher HookupWater HeaterWater Meter Unit2 Ac UnitDishwasherDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasher HookupWater HeaterWater Meter Unit3 Ac UnitDishwasherDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasherWasher HookupWater HeaterWater Meter Unit4 Ac UnitDishwasherDryerDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasherWasher HookupWater HeaterWater Meter Water Heater Natural Gas

    Property Features

    Assessment Land 84300.00 Assessment Status Assessed Assessment Total 580100.00 Deed Restrictions No Financing CashConventional Improvements Assessment 495800.00 Landlord Pays Yard Maintenance Multifamily Type Four Family New Construction No Owner Corporate Rent Unit1 1500.00 Rent Unit2 1750.00 Rent Unit3 1475.00 Rent Unit4 1450.00 Tax Year 2019 Taxes 12571.00 Tenant Pays ElectricityGasHeatHot WaterSewerWater Water Sewer Public SewerPublic Water Zoning Residential

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Michael Dedominicis of Berkshire Hathaway Homeservices Fox & Roach.


    © 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 2020-12-01T14:19:38.283.
     
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    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753