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225 Port Monmouth Road

Keansburg, NJ 07734
  • $425,000
  • STATUS: Active
  • ON SITE: 3 days
  • MLS #: 22118257
Foreclosure
$425,000
  • 6
    BEDS
  • 0.25
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 1,920
    SQFT
  • $221
    $/SQFT
Type:
Multi-Family
Built:
1948
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic side by side 2 family income producing property for sale! FULLY RENTED with each unit paying $1,850/month!!This property has an approximate 10.7% Return on Investment (ROI) and a 7.4% cap rate! New timberline roof in 2020! Younger paved driveway with curbing! Each unit of this very spacious ranch style two family home has 3 bedroom, 1.5 bathrooms, hardwood flooring and washer and dryer! The rear unit has its own private yard. Close to NYC buses and downtown Main St. This home is on the Middletown border. Interior shots were prior to tenants moving in. 2 separate water heaters, boilers and electric, water and gas meters!Act quickly! The multi's in town are selling quickly!!

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© 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ventre Team | eXp Realty. Data last updated 2021-06-12T00:19:38.017.
www.theventreteam.com/homes/118031301
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225 Port Monmouth Road Keansburg, NJ 07734

  • Price: $425,000
  • Status: Active
  • MLS #: 22118257
6
Beds
2
Baths
2
½ Baths
0.25
Acres
1,920
SQFT
$221
$/SQFT
1948
Built
County:
Monmouth
Area:
Keansburg (KEA)
Elementary School:
J. C. Caruso
Middle School:
J. R. Bolger
High School:
Keansburg
Property Description
Fantastic side by side 2 family income producing property for sale! FULLY RENTED with each unit paying $1,850/month!!This property has an approximate 10.7% Return on Investment (ROI) and a 7.4% cap rate! New timberline roof in 2020! Younger paved driveway with curbing! Each unit of this very spacious ranch style two family home has 3 bedroom, 1.5 bathrooms, hardwood flooring and washer and dryer! The rear unit has its own private yard. Close to NYC buses and downtown Main St. This home is on the Middletown border. Interior shots were prior to tenants moving in. 2 separate water heaters, boilers and electric, water and gas meters!Act quickly! The multi's in town are selling quickly!!
Exterior Features

Exterior FenceOutdoor LightingThermal Window Garage No Garage Type None Lot Description Fenced AreaLevel Lot Dimensions 85 X 130 Parking Driveway Double WidePaved Parking Spaces 3.00 Pool YN No Roof ShingledTimberline Siding Vinyl Water View No Waterfront No

Interior Features

Basement Crawl Space Basement YN No Beds Unit1 3 Beds Unit2 3 Fireplace No Fireplaces 0.00 Floors Ceramic TileWood Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 1 Half Baths Unit2 1 Heat AC Forced Hot Air Heat Fuel Natural Gas Interior Attic Master Bed Level Unit1 1 Master Bed Level Unit2 1 Unit1 DryerDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasherWasher HookupWater HeaterWater Meter Unit2 DryerDryer HookupElectric MeterFurnaceGas MeterGas StoveRefrigeratorWasherWasher HookupWater HeaterWater Meter Water Heater Natural Gas

Property Features

Assessment Land 55600.00 Assessment Status Assessed Assessment Total 166200.00 Deed Restrictions No Excluded Tenants Personal Property Financials Per Year Financing CashConventional Gross Income 44400.00 Handicap Access No Improvements Assessment 110600.00 Insurance Expense 1171.00 Landlord Pays SewerWaterYard Maintenance Multifamily Type Two Family New Construction No Other Expense 2712.00 Other High Mater Dei Hs Owner Individual(s)NJ Lic Re Real Estate Tax Expense 6660.00 Rent Unit1 1850.00 Rent Unit2 1850.00 Tax Year 2020 Taxes 6660.00 Tenant Pays ElectricityGasSnow Removal Water Sewer Public SewerPublic Water Water Sewer Expense 2197.00 Zoning Residential

Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Michael Laico of Re/Max 1St. Advantage.


© 2021 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ventre Team | eXp Realty. Data last updated 2021-06-12T00:19:38.017.
 
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The Ventre Team | eXp Realty
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