++INVESTOR ALERT++ Property with long income producing history. This is a commercially zoned building with a permitted residential use upstairs with a current tenant on a yearly lease paying $900/month. Lease through July 1,2020. Separate entrances and separate gas and electric meters. Downstairs is a former instrument repair shop and is in need of complete renovation. New roof 2009 and new water heater 2016. Sale is strictly "as is" and buyer will be responsible for all permits and certificates in renovating the first floor. Excellent high demand area for rentals! Large basement with washer/dryer. Upstairs is in good condition and also has a full attic for additional storage or possible conversion to additional living space. Plenty of parking in driveway and rear. Priced well below assessed value for quick sale!
General Commercial, Other
Gas Water Heater, Public Water Service
- Wall Air Conditioning
- Gas Heat. Radiators, Forced Air.
- Guest Facilities
Exterior / Lot Features
- Lot Dimensions
- Additional Exterior/Lot Features
- Central Business District.
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Source: Sperling's Best Places
Median List Price $134,450
Median Sold Price $137,000
Days On Site 76
Sales-List Price 100.8%
SOURCE: njsjs-v - South Jersey Shore Regional MLS