Earn income while you wait to develop three new custom homes in Point Pleasant Beach. The existing Victorian home is on an APPROVED TRIPLE LOT ready for subdivision. The home is divided into four apartments with a bonus owner's studio in the back, and includes a three-car divided garage and expansive front and back lawns. All units are currently rented, guaranteeing you a steady income stream while you plan your next steps. Home passed NJ state inspection in mid-2019 and all tenants are in good standing. Purchase includes lawn mower, coin-operated shared laundry area, and furnishings in the owner's studio. The property sits on a shaded, quiet lane with a family-centered atmosphere, far from the summer crowds but just eight blocks from the beach and close to downtown Point Pleasant Beach.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and is updated as of April 8th, 2020 at 10:35am EDT (date/time). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.