$1,000,000
$1,800,000
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303 Sumner Avenue #6, 9, 10, 11, 12 Seaside Heights, NJ 08751
8 Beds
8 Baths
7,405 Sqft Lot
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multiple Buildings
Listing Status Sold
Purchase Type For Sale
Municipality Seaside Heights (SEH)
MLS Listing ID 22434988
Sold Date 03/31/25
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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Bought with Crossroads Realty Executive Office