396 2Nd Ave, Long Branch, NJ

Name: 396 2Nd Ave, For Sale in Long Branch - Zoocasa
Brand: Rosario Realty Inc
SKU: 22617865
Price: 1725000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,725,000

1040

MLS® 22617865

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes $15,086

Days Active 8

Lot Size 0.34 Acres

Approx. Age 1907

MLS® Number 22617865

Property Address: 396 2nd Ave, Long Branch, NJ, 07740-5887

Average square foot calculated using Size range provided by listing agent.

Description

A Multi-Family Complex in the Heart of Long Branch - A Unique Investment Opportunity! Welcome to your next profitable venture nestled in one of New Jersey's most sought-after coastal towns! This exceptional multi-family complex features two distinct buildings spread across two expansive lots, offering a total of 4 well-appointed rental units poised for solid returns. Located just steps from beautiful Pier Village and beaches, vibrant boardwalk attractions, and thriving local amenities, this property truly embodies the ideal combination of potential and convenience. **Features You'll Love:** - **Exceptional Layout:** Comprising two thoughtfully designed buildings that maximize both space and comfort. Each unit is uniquely tailored to meet the needs of today's diverse renters Stable Tenant Base: Enjoy peace of mind with all tenants currently on month-to-month leases, providing flexibility for rent adjustments or owner occupancy down the line. Carefree Utilities: The landlord covers water & sewer expenses, simplifying property management & enhancing profitability while ensuring tenant satisfaction. Prime Location: Long Branch boasts a lively atmosphere with easy access to stunning beaches, parks, shopping centers, fine dining options, and cultural venues making this property a definite must see. Property in area of multi million dollar properties, public transportation and Pier Village Long Branch beach attractions. Many tenants are long term and would rather stay. Potential of this R-4 zone is considerable. 396 2nd Avenue lot is 54x274 402 2nd Avenue lot is 75x274 Next door property 402 2nd (8 family) must be sold with this property as one package. Both properties have been family owned for over 60 years. Very unique opportunity to be a landlord or own a large parcel of land and the possibilities are endless in this amazing location in desirable Long Branch.

MLS® Number22617865

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1907

Basement

DrivewayPaved

Garage Spaces

Heat3+ Zoned Heat

A/CMulti Units

Extras

Map

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