Address
557 E Main Street Manasquan, NJ
Price
$ 1,595,000
Property Attributes
- MLS#22034059
- TypeMulti-Family
- CountyMONMOUTH
- CityManasquan
- AreaManasquan
- Zip08736
- StyleTwo Family
- Year Built2006
- Taxes12529
- Price$ 1,595,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Dianne C Johnson, Berkshire Hathaway HomeServices Fox & Roach
Property Description
$131,600.00 income. 2021 summer leases already signed with deposits. The perfect investment property! Very close to beach. Phenomenal proven cap rate with room to increase. Not the normal seashore rental property. This is 2 absolutely beautiful apartments that easily could be converted to a 7 bedroom, 3 bath home. The first and second floor great rooms are mirror images of each other.Current income 2nd. floor unit summer 2021 $44,000.00 1st. floor unit summer 2021 $50,000 Winter rent 2nd. floor $2500. Winter rent 1st. floor $2200 All tenant pays utilities Property taxes $13,000.00 Insurance $5,000.00.Unit # 1 is 3 bedrooms and 1 bath on the first floor. Unit #2 is 4 bedrooms and 2 baths on the 2nd. and 3rd. floors
| Elementary School | Middle School |
|---|---|
| Manasquan Elementary School | Manasquan Middle School |
| Price History | |
|---|---|
| 9/24/2020 | Listed $1,595,000 |
General Features
| Days on Market | 24 |
|---|---|
| Elementary School | Manasquan |
| Financing | Conventional |
| Fireplaces | 1.00 |
| Full Baths | 3 |
| Garage | No |
| Middle School | Manasquan |
| New Construction | No |
| Owner | Individual(s) |
| Parking | Off Street |
| Property Type | D |
| Roof | Shingled |
| Status | Active |
| Stories | 2.0 |
| Subdivision | None |
| Tax Year | 2019 |
| Taxes | 12529.00 |
| Type | Two Family |
| Water Heater | Electric, Natural Gas |
| Year Built | 2006 |
Interior Features
| # Units In Bldg | 2.0000 |
|---|---|
| Basement | No |
| Fireplace | Yes |
| Floors | Ceramic Tile, Laminate, Linoleum/Vinyl |
| Heat/ac | Central Air |
| Heating Fuel | Natural Gas |
| Number of Garages | 0.00 |
| Total Bathrooms | 3.00 |
| Total Bedrooms | 7 |
| Unit 1 | Dishwasher, Dryer, Gas Stove, Refrigerator, Washer, Water Heater, Water Meter |
| Unit 1: # Bedrooms | 3 |
| Unit 1: # Full Baths | 1 |
| Unit 1: Bedroom Level | 1 |
| Unit 1: Kitchen Level | 1 |
| Unit 1: Living Room Level | 1 |
| Unit 1: Master Bedroom Level | 1 |
| Unit 2 | Dishwasher, Dryer, Furnace, Gas Meter, Gas Stove, Refrigerator |
| Unit 2: # Bedrooms | 4 |
| Unit 2: # Full Baths | 2 |
| Unit 2: Bedroom Level | 2 |
| Unit 2: Kitchen Level | 2 |
| Unit 2: Living Room Level | 2 |
| Unit 2: Master Bedroom Level | 2 |
Exterior Features
| Lot Dimensions | 42 x 100 |
|---|---|
| Number of Parking Spaces | 4.00 |
| Pool Y/N | No |
| Siding | Stucco - Cement, Vinyl |
| Water/Sewer | Public Sewer, Public Water |
| Waterfront | No |
| Waterview | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 08736
Price
Taxes
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Year Built
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