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532 Prospect Avenue, Asbury Park, New Jersey

$259,9008 Beds2 BathsActive

532 Prospect Avenue, Asbury Park, New Jersey 07712
ARC Real Estate - MLS® ID: 21727947

Property Details

532 Prospect Avenue, Asbury Park, New Jersey 07712 - Great Investment 9% CAP. Property shows nicely and ten blocks to the beach. Two long term tenants with 2800/mo gross rents. Both apartments have 4Br 1Ba. Dont miss out on the opportunity to own an investment property in Asbury Park! Please be sure to watch the video tour! This is a must see!Income & Expenses: CAM Expense: 0; Electric Expense: 0; Gas Expense: 0; Insurance Expense: 1,600; Mgmt Fee Expense: 0; Oil Expense: 0; Phone Expense: 0; Rent Expense: 0; Rep/Maint Expense: 1,000; RE Tax Expense: 3,400; Water/Sewer Expense: 2,000; Estimated Total Expenses: 8,000; Gross Income: 33,600; Net Income: 25,600

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Amenities

  • Zip07712
  • CountyMonmouth
  • SQFT2155
  • Bedrooms8
  • Full baths2
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeNo
  • Year built1920
  • Lot size40 x 150
  • Tax amount$3,600.00
  • Tax year2016
  • Office ID1333
  • Agent ID13889
  • Agent nameThomas C Mulligan
  • MLS® ID21727947

Broker: ARC Real Estate

Listing Courtesy of ARC Real Estate

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“As first time homeowners, were not only very excited but also very anxious about finding that perfect house. Karen took the time to show us house after house until we found the perfect one to call home!”

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