405 14th AVE, Belmar, NJ
Multi-family for Sale - $869,900 - 5,050 Sq. Ft.
Property Info
| CIMLS# | 456530 |
| Location 405 14th AVE Belmar NJ 07719 | |
| Updated | May 23rd, 2012 |
| Type | Multi-family |
| Price | $869,900 |
| Building | 5,050 Sq. Ft. |
Property Description
3 STORIES TALL, THE "BELLE VICTORIAN" ROOMING-HOUSE IS ONLY 3 BLOCKS FROM THE OCEAN. BESIDES THE 15 UNITS MAIN BLDG., YOU ALSO GET A BONUS OF 2 ADDITIONAL COTTAGES WITH 3 ROOMS EACH. TOTAL CURRENT UNITS: 17
CARETAKER ON SITE. EXCELLENT INCOME PROPERTY.
POSSIBILITY OF CONVERTING THIS PROPERTY INTO 3 or 4 LUXURY CONDOS.
THE NJ SHORE-LINE TOWNS ARE EXPERIENCING AN EXPLOSION OF DEMAND AND PRICES ARE EVER-RISING.
(Township approvals would be necessary).
EASILY ACCESSIBLE FROM MAJOR HIGHWAYS: GARDEN STATE PKWAY., ROUTES 9, 18, 35.
THIS PROPERTY IS A SHORT WALK FROM THE WATER AS WELL CENTER OF TOWN.
