1004 5th Ave, Asbury Park, NJ 07712

RARE OFFERING: 12 units in 2 Buildings. Situated on Fifth Ave, one of Asbury's premiere streets. Completely renovated to the studs. Tenants are mostly long-term in these 5 studios & 7 one BRs, which offer affordable options for today's renters. Tenants pay own util (water/electric/& elec heat). This value-add property has below market rents on some units. So many possibilities - Leave the main as 6 units, or customize to suit your personal needs, leaving the back building intact as a six unit income producer. Featuring hardwood floors, spacious bathrooms, deep rocking chair porch, courtyard & both private & shared outdoor spaces. ''THE ARCHES ON FIFTH'' is desirable to tenants. Condo conversion is a possibility. Don't let this rare multi pass you by!