303 Sumner Avenue #1,3,5,6,9,10,11,12
Seaside Heights, NJ 08751
8 beds | 8 baths | 0.17 acres | #22434988
Description
Amazing investment opportunity just 3 blocks from the ocean, boardwalk, and beaches! This offering includes 8 of the 13 units in a well-maintained building, delivering a remarkable 7.2% cap rate. Perfectly located near entertainment, shopping, and dining, this property is ideal for both seasoned and first-time investors.
Four units are currently utilized as Airbnbs, while the other four are rented annually, providing diverse income streams. This prime location ensures high demand year-round, making it a smart addition to your portfolio.
Don't miss this chance to own in a thriving coastal area! Call your agent today for more details and to schedule a showing.
Property Details
- Parking FeaturesOff Street, None, Assigned
- Property SubtypeMultiple Buildings
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Cooling FeaturesMulti Units
- Lot DescriptionCorner Lot
- MLS #22434988
- MLS #22434988
- RoofShingle
- Cost1800000
- Utility SourcePublic
- CountyOcean
- Acres0.17
- BasementSlab
- Year Built1987
- Cooling1
- Bedrooms8
- Bathrooms8
- Full Baths8
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Sondra Hurley Iannuzzi (#38226)
Listing Office: Crossroads Realty Executive Office (#1204)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.