$649,000
$759,900
14.6%For more information regarding the value of a property, please contact us for a free consultation.
51 Blaine Avenue Seaside Heights, NJ 08751
12 Beds
6 Baths
3,928 SqFt
Key Details
Sold Price $649,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $165
Municipality Seaside Heights (SEH)
MLS Listing ID 22036447
Sold Date 06/18/21
Bedrooms 12
Full Baths 6
Year Built 1940
Annual Tax Amount $9,366
Tax Year 2019
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 38 x 100
Property Sub-Type Four Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
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 11.8%. 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!!
Location
State NJ
County Ocean
Area None
Direction Garden State Parkway North to Exit 82 Route N37 towards Seaside heights, keep left at the fork in the road, follow signs for NJ-35N/Seaside hts/Pt Pleasant, slight right toward Sumner Ave, turn left on Sumner Ave, turn left onto Ocean Terrace, turn left onto Blaine Ave.
Rooms
Basement Other
Interior
Heating Forced Air
Cooling Multi Units
Flooring Laminate, Ceramic Tile
Exterior
Exterior Feature Beach Access, Lighting
Parking Features Off Street, None
Waterfront Description Oceanside/Beach Blk
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Ocean Block
Sewer Public Sewer
Structure Type Beach Access,Lighting
Others
Senior Community No
Tax ID 27-00007-01-00051
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Bought with Van Dyk Group
