Description
51 Blaine Ave,
Seaside Heights,
NJ
08751
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!!
Listing By: The Van Dyk Group - Manahawkin via Data Source: Bright MLS
Price History
date | price | variance | type | global |
---|
6/18/2021 | $649,000 | - | Sold | view listing |
listing agent: Alyson Scudiero