$900,000
Sold

113 New Brunswick Avenue

Lavallette, NJ 08735
6 beds | 3 baths | 0.11 acres | #22426771
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income.
The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat.
The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition.
Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.

  • Interior Details
      • Bedrooms3
      • Bathrooms2
  • Property Details
      • Stories1
    • Measurements
      • Square Feet1362.00
  • Construction Details
      • StyleContemporary
      • Property TypeResidential
    • Condition
      • Year Built1985
  • Community and Neighborhood Details
      • SubdivisionPanorama
    • Location
      • CountyRiverside
  • Other
      • MLS #219064134DA
  • -
      • Garage Spaces2.00
      • Built In1985

Location

Manal ElalfyReal Estate Group