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    51 Blaine Avenue

    Seaside Heights, NJ 08751
    • $784,900
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 22036447
    UPDATED: 160 min ago
    $784,900
    • 12
      BEDS
    • 0.09
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,928
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Great Investment opportunity with positive cash flow. OCEAN BLOCK, very desirable. Two amazing homes on one property, a total of 4 units: four 3-bedrooms all separate utilities. All modern and recently updated with granite countertops, stainless steel appliance and more. Owner intends to leave all furniture: ready for accepting new guest, no additional work needed. Excellent rental history, $100,000 yearly. THIS IS A MUST SEE TO BELIEVE!!! The GRM is 7.5 the capitalization rate is 13.3%. Owner only rented during the summer, additional revenues possible with winter rentals. Enjoy the Jersey Shore Beaches while being the proud owner of a well establish beach home. Seaside values are definitely on the rise and this property is turn key ready!!

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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 2020-12-03T00:19:33.917.
    www.sellitpat.com/homes/110845510
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    51 Blaine Avenue Seaside Heights, NJ 08751

    • Price: $784,900
    • Status: Active
    • Updated: 160 min ago
    • MLS #: 22036447
    12
    Beds
    6
    Baths
    0
    ½ Baths
    0.09
    Acres
    3,928
    SQFT
    $200
    $/SQFT
    1940
    Built
    Neighborhood:
    None
    County:
    Ocean
    Area:
    Seaside Heights (SEH)
    Property Description
    Great Investment opportunity with positive cash flow. OCEAN BLOCK, very desirable. Two amazing homes on one property, a total of 4 units: four 3-bedrooms all separate utilities. All modern and recently updated with granite countertops, stainless steel appliance and more. Owner intends to leave all furniture: ready for accepting new guest, no additional work needed. Excellent rental history, $100,000 yearly. THIS IS A MUST SEE TO BELIEVE!!! The GRM is 7.5 the capitalization rate is 13.3%. Owner only rented during the summer, additional revenues possible with winter rentals. Enjoy the Jersey Shore Beaches while being the proud owner of a well establish beach home. Seaside values are definitely on the rise and this property is turn key ready!!
    Exterior Features

    Exterior Beach AccessOutdoor Lighting Garage No Garage Type None Lot Description Ocean Block Lot Dimensions 38 X 100 Parking Driveway Off Street Pool YN No Roof Shingled Water Type Oceanside/Beach Blk Water View No Waterfront No

    Interior Features

    Basement Other - See Remarks Basement YN No Beds Unit1 3 Beds Unit2 3 Beds Unit3 3 Beds Unit4 3 Fireplace No Floors Ceramic TileLaminate Heat AC Ac UnitsForced Hot Air Heat Fuel Natural Gas Unit1 DishwasherGas StoveRefrigerator Unit2 DishwasherGas StoveRefrigerator Unit3 DishwasherGas StoveRefrigerator Unit4 Gas StoveRefrigerator Water Heater Natural Gas

    Property Features

    Assessment Land 176000.00 Assessment Status Assessed Assessment Total 397700.00 Deed Restrictions No Excluded Supplies in Attic Financing CashConventional Improvements Assessment 221700.00 Landlord Pays ElectricityGasHeatHot WaterSewerWater Multifamily Type Four Family Owner Individual(s) Tax Year 2019 Taxes 9366.00 Water Sewer Public Sewer Zoning Multi-FamilyMulti-Use

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Alyson Cinquemani of Van Dyk Group.


    © 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 2020-12-03T00:19:33.917.
     
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    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753