Bought with Alyson Scudiero • The Van Dyk Group
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51 BLAINE AVE Seaside Heights, NJ 08751
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Key Details
Sold Price $649,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $165
Subdivision Seaside Heights
MLS Listing ID NJOC403954
Sold Date 06/18/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 3,928
Year Built 1940
Annual Tax Amount $9,656
Tax Year 2020
Lot Size 3,800 Sqft
Acres 0.09
Lot Dimensions 38.00 x 100.00
Property Sub-Type Other
Source BRIGHT
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 13.3%. 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 Seaside Heights Boro (21527)
Zoning R
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Ceiling Fan(s), Multi Units, Wall Unit, Window Unit(s)
Flooring Laminated, Partially Carpeted
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Utilities Available Electric Available, Cable TV Available, Natural Gas Available, Water Available, Sewer Available
Water Access Y
Water Access Desc Public Access,Public Beach,Swimming Allowed,Fishing Allowed
Roof Type Asphalt
Accessibility Doors - Swing In, Level Entry - Main
Porch Patio(s)
Garage N
Building
Above Ground Finished SqFt 3928
Sewer No Septic System
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Hugh J Boyd Jr
School District Seaside Heights Borough Public Schools
Others
Tax ID 27-00007 01-00051
Ownership Fee Simple
SqFt Source 3928
Acceptable Financing Conventional, Cash, Negotiable
Listing Terms Conventional, Cash, Negotiable
Financing Conventional,Cash,Negotiable
Special Listing Condition Standard
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