Home for Sale at 1110 5th Avenue, Asbury Park, NJ 07712

 
 
 
 
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     For additional information, contact East Monmouth Phone: (732) 704-4033

 
 
 
 
1110 5th Avenue, Asbury Park, NJ 07712
Listing# 21523958
 
 
 
 
Sold Price: $372,000
Type: Multi-Family
County: Monmouth
 
 
 
 
    Photo of home for sale at 1110 5th Avenue Avenue, Asbury Park NJ
 
 
 
 
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Property Description:
 
 
 
 
Attention investors, 2 units in the main house with a separate cottage in the rear property with its own driveway access from the back street. cap rate 11.58% with existing under-market value rents. Perfect for someone to live in 1 unit & rent out the other 2. House is in good condition with all long standing tenants who would prefer to stay if possible. Owner has kept up the property, shows well, especially compared to other Multifamily properties in the area. Instant money maker for the smart investor. Utilities paid by tenants EXCEPT water & sewer. Washer & dryer in basement of front house. All appliances included. Gorgeous back yard. Have to see to appreciate.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Multi-Family
Construction/Siding:Aluminum
Roof:Shingled
Year Built:1920
Parking:On Street
Heat/AC:AC Units
Heating Fuel:Natural Gas
Water/Sewer:Public Sewer , Water heater Natural Gas
Lot Dimensions:50 x 150
 
 
 
 
FEATURES:
 
 
 
 
Exterior Features:Deck, Patio
Number of Fireplaces:1
 
 
 
 
SCHOOLS:
 
 
 
 
Middle School:Asbury Park
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$364,000
Taxes:$7,552
Tax Year:2014
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