64 Wallace Street, Red Bank, NJ 07701

$980,000
3
BD
3
BA

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Sold Price
$980,000
List Price
$1,049,000
Status
CLOSED
Type
Multifamily
MLS#
22415332
Closing Date
Dec 13, 2024
Beds
3
Baths
3
Region
Red Bank (RED)
Year Built
1907

Property Description

Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

Additional Information

Acres
0.11
Closing Date
Dec 13, 2024
Taxes
$17,839
Subtype
Three Family
Year Built
1907
Basement
Partial
Heat Ac
Forced Air
Garage
Yes
Garage Capacity
3
Units
3

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Listing courtesy of Weichert Realtors-Spring Lake. Contact: 848.207.1495

Selling Office: Sourlis Intl Realty Corp.