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406 Sixth Avenue, Asbury Park, NJ 07712

$1,400,000
: 8
BD
: 5
BA

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Sold Price: $1,400,000
List Price: $1,400,000
Status: CLOSED
Type: Multifamily
MLS#: 22328557
Closing Date: May 24, 2024
Beds: 8
Baths: 5
Region: Asbury Park (ASB)
Year Built: 1925

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Property Description

ASBURY PARK - 5 FAMILY!!! Exceptional street and sought-after neighborhood, situated just three blocks from the beach! This five-family residence features two one-bedroom units, each offering spacious rooms, along with three two-bedroom units. The property is equipped with separate gas, water, and electric meters, enhancing profitability for the landlord. The two-car garage on the premises also offers income potential, and there's off-street parking for tenants, offering a significant advantage. This represents a fantastic opportunity to become a part of the vibrant and highly desirable Asbury Park community. Don't let this one pass you by! ** Please note that the current rental rates are below the market value - all tenants are month to month. **

(908) 208-2699

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Additional Information

Acres: 0.26
Closing Date: May 24, 2024
Taxes: $11,354
Subtype: Five Family
Lot Description: Level
Year Built: 1925
Basement: Full
Heat Ac: Natural Gas, 3+ Zoned Heat
Parking Driveway: Detached
Garage: Yes
Garage Capacity: 2
Parking Spaces: 2
Units: 5
Parking Spaces: 2