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442 Westwood Avenue, Long Branch, NJ 07740

$1,325,000
: 6
BD
: 3
BA

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Sold Price: $1,325,000
List Price: $1,399,999
Status: CLOSED
Type: Multifamily
MLS#: 22416228
Closing Date: Sep 30, 2024
Beds: 6
Baths: 3
Region: Long Branch (LON)
Year Built: 1910

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Property Description

LOCATION LOCATION LOCATION - CASH COW INVESTMENT PROPERTY GENERATING $8,300/ MONTH OF RENT. HUGE OPPORTUNITY TO INCREASE RENTS TO MARKET RATES. BLOCKS AWAY FROM LONG BRANCH REDEVELOPMENT ZONE - CURRENTLY BROADWAY IS UNDER CONSTRUCTION BY KUSHNER COMPANIES. COMPLETION DATE OF 2 YEARS - OVER $130 MILLION BEING INVESTED INTO CONDOS, RETAIL AND A SUPERMARKET. 8 SHORT MINUTES TO THE NEW NETFLIX HEADQUARTERS LOCATED IN EATONTOWN. 2 BLOCKS TO THE COVETED WEST END SECTION OF LONG BRANCH & 1 MILE TO THE GORGEOUS LONG BRANCH BEACHES. THIS HOME HAS BEEN COMPLETELY GUTTED IN 2022 LEADING TO EFFORTLESS OWNERSHIP FOR THE NEW OWNER- BRAND NEW ELECTRICAL, PLUMBING, HVAC, FLOORING, INSULATION, SHEETROCK, FIRE ESCAPE, SIDING, KITCHENS, BATHROOMS. PREPARE TO BE AMAZED! MINUTES AWAY TO TRAIN STATION & FERRY

(908) 208-2699

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Additional Information

Middle School: Long Branch
Acres: 0.69
Closing Date: Sep 30, 2024
Taxes: $12,513
Subtype: Three Family
Year Built: 1910
Basement: Walk-Out Access, Tenant Storage
Roof: Shingle
Heat Ac: Forced Air
Parking Driveway: Oversized, Common
Garage: Yes
Garage Capacity: 2
Units: 3