807 Grand Central Avenue Lavallette, NJ 08735

*OFFER ACCEPTED NO FURTHER SHOWINGS*

INCREDIBLE INVESTMENT OPPORTUNITY! There has never been anything quite like this one-of-a-kind, oceanside compound offered along the beautiful shores of Lavallette, New Jersey! Comprised of two distinct structures, 807 Grand Central Avenue features both a multi-family AND single-family home just steps away from the sand. Located within a residential-commercial zone on an ocean block in the heart of Lavallette, the multi-family structure is complete with four (4) 1-bedroom, 1-bathroom apartments, each with designated private entrances and an upper-level unit which opens to an outdoor deck. All units may be rented out individually for tremendous passive income potential! Nearest the sand, a single-family residence comprised of 5 bedrooms and 1.5 bathrooms poses as a truly classic beach home, also outfitted with an upper-level deck and awe-inspiring ocean views. The current total rent in "as is" condition is ~$100,000, annually, but a little TLC brings the potential to a grand total of $150,000 - $160,000, annually. With favorable taxes, this is a truly remarkable investment opportunity. Conveniently located within walking distance to iconic bars, restaurants and so much more! Sale is "as-is" seller represents both structures in need of structural repairs. See documents section for estimate.Buyer is responsible for CO