Property Address: 113 New Brunswick Ave, Lavallette, New Jersey
Average square foot calculated using Size range provided by listing agent.
Description
Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income. The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat. The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition. Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.
MLS® Number22426771
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
ExteriorBBQ, Locked Storage
GarageNo
Approx. Age1955
BasementDirt Floor, Crawl Space
DrivewayOff Street, Assigned
Garage Spaces
HeatBaseboard
A/CMulti Units
Heating Fuel
Extras
113 New Brunswick Ave, Lavallette, NJ
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