$425,000
$449,788
5.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
SOLD DATE : 03/10/2022
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 558466
Sold Date 03/10/22
Bedrooms 2
Year Built 1920
Annual Tax Amount $5,140
Tax Year 2021
Property Description
FULLY OCCUPIED GREAT INVESTMENT PROPERTY located within walking distance to BEACH & BOARDWALK & the NEW HOT SPOT IN NORTH BEACH VENTNOR with new movie theater & restaurant! The triplex is divided into three units, first floor is commercial space & there are 2 large 2BD/1BA units, each on a it's own floor. All units are metered for separate electric and cable. 100% occupied with good rents and cash flow. The building has been recently updated and well maintained including the following major renovations include: New roof, New HVAC system in commercial property, New water boiler & water meter installed in commercial & complete renovation including new walls and floors, New cement sidewalk (front to back of building) New washer and dryer & cabinets in unit 2, Back stairs (fire escape) structure repair & painted. All units are currently rented & efficient expenses are in place for taxes, water/sewer & insurance. A MUST SEE - Call today for more information!
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Location Details Boardwalk Area
Rooms
Other Rooms Dining Room, Kitchen, Living Room, Storage Attic
Basement Inside Entrance, Outside Entrance
Interior
Heating Baseboard, Gas-Natural, Hot Water, Radiator
Exterior
Exterior Feature Brick
Garage None
Building
Sewer Public Sewer
Water Public
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