$769,000
$749,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,922 SqFt
SOLD DATE : 04/02/2025
Key Details
Sold Price $769,000
Property Type Multi-Family
Sub Type Two Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,922 sqft
Price per Sqft $400
Municipality Red Bank (RED)
MLS Listing ID 22505433
Sold Date 04/02/25
Bedrooms 5
Full Baths 2
Year Built 1915
Annual Tax Amount $12,335
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50 x 150
Property Sub-Type Two Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Prime Red Bank Investment - High Cash Flow & Unbeatable Location! Seize this cash cow investment opportunity in one of Red Bank's most desirable locations just a short walk to town, top-rated schools, shops, and entertainment. This prime location ensures strong tenant demand and long-term value! Featuring two separate units—a 3-bed, 1-bath and a 2-bed, 1-bath—both equipped with in-unit washer & dryer and separate utilities, offering convenience and efficiency for tenants. The deep lot is complete with a shed, koi pond, and fire pit, creating a unique and tranquil setting rarely found in rental properties. With a potential rent roll of $3,000 & $2,800, turnkey income-producing property perfect for investors or owner-occupants looking to generate additional income.
Location
State NJ
County Monmouth
Area None
Building/Complex Name None
Direction GPS
Rooms
Basement Finished
Interior
Cooling Central Air
Exterior
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 39-00015-01-00032
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