Courtesy: Michael Loundy - Seaside Heights Realty Inc.
Make 6% on your cost to buy this property. The coin op laundry could make your new car pmt by itself. Has upside on income as present owners are low w their rents, $75,000 net annually. Perfect safe place to park your money and let it work for you. Very easy to run remotely. Strong Cap Rate. Has four 2 bedroom w 2 studio apartments. Super clean from the crawl space up Incl: New roof, New Windows, New Flooring. Maintenance free vinyl siding, stone landscaping, upgraded kitchens & baths, freshly painted w ring camera security system. If you transitioned to Airbnb style rentals, each 2 bedroom unit could do +/-$30,000/year. Park your car and walk to the beach, boardwalk, rides & shopping. 1 Hr from NYC, AC & Philly. P & L avail upon request to qualified buyer. Owners ready
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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