303 Sumner Avenue #6,9,10,11,12 Pending

Seaside Heights,NJ 08751

$ 1800000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiple Buildings

Listing Status Pending

Purchase Type For Sale

Municipality Seaside Heights (SEH)

MLS Listing ID 22434988

Bedrooms 8

Full Baths 8

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1987

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 75 x 100

Property Sub-Type Multiple Buildings

Property Description

Amazing investment opportunity just 3 blocks from the ocean, boardwalk, and beaches! This offering includes 8 of the 13 units in a well-maintained building, delivering a remarkable 7.2% cap rate. Perfectly located near entertainment, shopping, and dining, this property is ideal for both seasoned and first-time investors.

Four units are currently utilized as Airbnbs, while the other four are rented annually, providing diverse income streams. This prime location ensures high demand year-round, making it a smart addition to your portfolio.

Don't miss this chance to own in a thriving coastal area! Call your agent today for more details and to schedule a showing.

Location

State NJ

County Ocean

Area Seaside Heights

Direction Bay Blvd to Sumner property on corner of Barnegat ave

Rooms

Basement Slab

Interior

Cooling Multi Units

Exterior

Parking Features Off Street,None,Assigned

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-00030-0000-00001-01-C0003

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