Great Investment opportunity with positive cash flow. OCEAN

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Home Off Market

51 Blaine Avenue

Seaside Heights, New Jersey 08751

Ocean County Ocean View: Yes

Community: 

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$759,900 12 br, 6.0 bath 3928 sq. ft. 0.090 acres

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 11.8%. 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!!

Interior:
  • Bedrooms: 12
  • Baths: 6.0
  • Sq Ft: 3928
  • Year Built: 1940
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: Off Street
Exterior:
  • Lot Size: 0.090 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: 
  • Roof: Composition Shingle
  • Property Taxes: $9,366
  • MLS #: 22036447
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Contact Information:
Beach Home Off Market in Seaside Heights, New Jersey
Ad Number: 1181628
Viewed 235 times.
Updated: Jan 02, 2021

This property is a Home located at 51 Blaine Avenue, Seaside Heights, New Jersey 08751, and is currently Off Market at $759,900. This Home has 12 bedrooms, 6.0 baths, 3928 sq ft.

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