280 Chelsea Avenue, Long Branch, NJ 07740

$1,499,000

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List Price
$1,499,000
Status
ACTIVE
Days on Market
3
MLS#
22628177
Subtype
Residential Income
Year Built
1907
Acres
0.17
MLS Area Major
Long Branch (LON)

Property Description

Rare opportunity to own a well-maintained 3-family property generating approximately $9,400 per month in rental income! This impressive income-producing property features 10 bedrooms and 4 full bathrooms, offering strong rental potential and an attractive opportunity for both investors and owner-occupants. Recent improvements include three newer kitchens, a new roof, new windows throughout half of the house, a new fence, and a newer boiler, providing peace of mind and reducing near-term capital expenses. The property also features convenient on-site coin-operated laundry, offering tenants added convenience while generating an additional stream of income for the owner. With substantial rental income, multiple recent upgrades, and a desirable 3-family layout, 280 Chelsea Avenue presents an excellent opportunity to add a strong cash-flowing asset to your portfolio.

Additional Information

Taxes
$11,276
Zoning
Residential, Multi-Family
Air Conditioning
Multi Units
Roof
Shingle
Middle School
Long Branch

Listing courtesy of RE/MAX Central. Contact:

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Calculator source: Real Geeks