$1,100,000
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20 W Mermaid Lane Long Beach Township, NJ 08008 Municipality: Long Beach Twp
Single Family
Residence
4
Beds
2
Baths
1,078
Sq. Ft.
0.07
Acre
Lot
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"A Slice of LBI Heaven". Delightful, clean Cape Cod located just 2 1/2 blocks away from the beautiful beaches of LBI. 4 bedrooms, 1 1/2 baths, gas heat and central air conditioning, open floor plan, large back deck with awning, 2 brick paver patios and paver driveway. The home was elevated and ful...ly renovated (from studs) w/rear 2nd floor dormer addition in 2004. Recent upgrades to a/c and hot water heater past 3-5 years. 1 or 2 story expansion over the rear deck area is a possibility. 2023 rental income was $29,700 (many repeat tenants) w/realistic potential for 30% to 35% increase in rates. Flood insurance premium $2,137/year. Offered fully furnished and equipped. Turn-key, move-in condition.
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MLS#
NJOC2023488
Property Type
Single Family
Bedrooms
4
Bathrooms
1 Full/1 Half
Year Built
1958
Square Feet
1,078
sq. ft
Price per Sq. Ft.
$1,043.60
Lot Size
0.07
Sewer
Public Sewer
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