OFFER EXCEPTED, Thank you. Rare Offering! Fully rented, 4 family property on the east side of Main St. You'll have options here! Keep as-is and continue collecting rent. Or renovate the apartments and add-value. Can also return the Main House to a single family & still have an income producing carriage house. Some original architectural detail still exists, with high ceiling heights on each floor. Plenty of off-street parking. All State and City permits are up to date. Room for a pool. Property sits just up the block from the AP Public Library & beautiful Library
Off market
Zestimate®
$1,107,300
513 1st Ave, Asbury Park, NJ 07712
7beds
2,644sqft
MultiFamily
Built in 1920
-- sqft lot
$1,107,300 Zestimate®
$419/sqft
$2,491 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Gas
Features
- Basement: Partial
Interior area
- Total interior livable area: 2,644 sqft
Property
Lot
- Size: 7,501 sqft
Details
- Parcel number: 0403301000000015
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electric
Community & neighborhood
Location
- Region: Asbury Park
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Electric, Natural Gas, Radiator, Electric BB
- HeatingYN: true
- CoolingYN: true
- Basement: Partial
- Exclusions: TENANTS PERSONAL PROPERTY
- CurrentFinancing: Conventional, FHA, Cash
- Utilities: Electric
- ParkingFeatures: Off Street
- NumberOfUnitsTotal: 4.0000
- RoomBasementFeatures: Partial
- NetOperatingIncome: 44400.00
- Cooling: AC Units
- NumberOfUnitsInCommunity: 4.0000
- OperatingExpense: 13400.00
- MlsStatus: Active
- CoListAgentEmail: smccarthy@dianeturton.com
- CoListAgentFullName: Susan McCarthy
- InsuranceExpense: 2818.00
- NewTaxesExpense: 8786.00
- WaterSewerExpense: 1790.00
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,107,300
2% more+$22,146
With Zillow Showcase(estimated)$1,129,446