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Home For Sale

Picture of Home For Sale in Lavallette, New Jersey, United States

$949,000

113 New Brunswick Avenue
Lavallette, New Jersey, United States

6bd 3ba 1,602 sqft

Listed By: Homes & Land Magazine

Listed On: 09/25/2024

Listing ID: GL11955196 View More Details

Description

Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income. The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups amp; heat. The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition. Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.
Source: The World Property Journal

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