$650,000
$650,000
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275 Riverside Drive N Brick, NJ 08724
3 Beds
3 Baths
9,583 Sqft Lot
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Two Family
Listing Status Sold
Purchase Type For Sale
Subdivision Herbertsville
MLS Listing ID 22424523
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1948
Annual Tax Amount $6,257
Tax Year 2023
Lot Size 9,583 Sqft
Property Description
Investors, take note! Two separate homes on one expansive lot, this property offers a rare blend of versatility, income potential, and prime location, making it an exceptional addition to any real estate portfolio.
The first home is a well-maintained 3-bedroom, 1.5-bath house that offers spacious living areas, modern amenities, and cozy charm. Tenants currently occupy the property with a lease in place until January 2025, providing immediate rental income. The home features a bright kitchen with ample cabinet space, a large living room, and generously sized bedrooms. The half bath adds convenience, and the full bath is well-appointed for everyday comfort. (see more) The second home is a charming 2-bedroom, 1-bath residence that comes with an additional loft space, perfect for use as a third bedroom or a versatile office or playroom. This property is also currently leased, with tenants in place until May 2025.
Both homes are fully leased, generating immediate cash flow with long-term tenants in place. This is an ideal opportunity for investors seeking rental properties with low vacancy rates in a highly desirable area. The dual-occupancy structure also opens the door for creative investment strategieswhether you're interested in holding for steady rental income, or even living in one home while renting out the other.
Don't miss out on this rare investment opportunity in one of New Jersey's most sought-after coastal communities. Whether you're looking to expand your real estate portfolio or secure a lucrative investment property with great tenants already in place, this Brick, NJ two-family home is a perfect fit. Schedule your showing and explore the potential this property holds for you!
Location
State NJ
County Ocean
Area Herbertsville
Interior
Heating Forced Air
Cooling Central Air
Exterior
Waterfront No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
Middle Schools Veterans Memorial
High Schools Brick Memorial
Read Less
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Bought with RE/MAX Central