225 Port Monmouth Road, Keansburg, NJ 07734

$425,000
6
BD
2.2
BA
1,920
SqFt
List Price
$425,000
Status
ACTIVE
Type
Multifamily
MLS#
22118257
Beds
6
Baths
2.2
Living Area
1,920
Region
Keansburg (KEA)
Year Built
1948

Property Description

Fantastic side by side 2 family income producing property for sale! FULLY RENTED with each unit paying $1,850/month!!This property has an approximate 10.7% Return on Investment (ROI) and a 7.4% cap rate! New timberline roof in 2020! Younger paved driveway with curbing! Each unit of this very spacious ranch style two family home has 3 bedroom, 1.5 bathrooms, hardwood flooring and washer and dryer! The rear unit has its own private yard. Close to NYC buses and downtown Main St. This home is on the Middletown border. Interior shots were prior to tenants moving in. 2 separate water heaters, boilers and electric, water and gas meters!Act quickly! The multi's in town are selling quickly!!

Additional Information

Elementary School
J. C. Caruso
Middle School
J. R. Bolger
High School
Keansburg
Other High
Mater Dei HS
Acres
0.25
Zoning
Residential
Water Sewer
Public Sewer, Public Water
Taxes
$6,660
Year Built
1948
Living Area
1,920
Basement
Crawl Space
Roof
Shingled, Timberline
Heat Ac
Forced Hot Air
Handicap Access
No
Parking Driveway
Double Wide, Paved
Siding
Vinyl
Water Heater
Natural Gas
Floors
Ceramic Tile, Wood
Heat Fuel
Natural Gas
Interior
Attic
Stories
1
Hoa Fee
$3
Exterior
Fence, Outdoor Lighting, Thermal Window
Parking Spaces
2
Exterior
Fence, Outdoor Lighting, Thermal Window
Gross Income
44400.00
Financials Per
Year
Parking Spaces
2
Tenant Pays
Electricity, Gas, Snow Removal
Landlord Pays
Sewer, Water, Yard Maintenance

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX 1st. Advantage.