Skip To Content

301 Sumner , 1,3,5,6,9,10,11

Seaside Heights, NJ 08751
  • $1,499,900
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • MLS #: 22303862
Under Contract
UPDATED: 27 min ago
$1,499,900
  • 8
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Barnegat Sumner Condos
Type:
Multi-Family
County:
Ocean
Area:
Seaside Heights (SEH)

School Ratings & Info

Visit GreatSchools.org

Description

8 Units can be purchased as One. Strong Cap Rate. Collects over $121,000/Year. 6 of the 8 units renovated down to the studs: new Kitchens/baths/elec/flooring, sheetrock etc. Exterior also has New Siding, Roofing, Decking. Parking for each unit & newly paved lot. Run as a multi-family & keep the rentals or individually sell these separately deeded units off at your convenience. Being offered below market value as a package. All Separately metered, tenants pay for electric/heat. Fantastic location 3 blocks from the beach, boardwalk & rides. Walk to great restaurants & shopping. Nothing to do but start collecting your rents. Jump in on the Renaissance happening in Seaside Heights while there is still time. Pkwy Exit 82, 1 Hr from NYC, Philly/AC. More info available. Great paying tenants.

Monthly Payment Calculator



© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Data last updated 2023-03-21T20:20:39.53.
www.providentlegacyres.com/homes/136924057
Print Image

301 Sumner , 1,3,5,6,9,10,11 Seaside Heights, NJ 08751

  • Price: $1,499,900
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 27 min ago
  • MLS #: 22303862
8
Beds
8
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Barnegat Sumner Condos
County:
Ocean
Area:
Seaside Heights (SEH)
Property Description
8 Units can be purchased as One. Strong Cap Rate. Collects over $121,000/Year. 6 of the 8 units renovated down to the studs: new Kitchens/baths/elec/flooring, sheetrock etc. Exterior also has New Siding, Roofing, Decking. Parking for each unit & newly paved lot. Run as a multi-family & keep the rentals or individually sell these separately deeded units off at your convenience. Being offered below market value as a package. All Separately metered, tenants pay for electric/heat. Fantastic location 3 blocks from the beach, boardwalk & rides. Walk to great restaurants & shopping. Nothing to do but start collecting your rents. Jump in on the Renaissance happening in Seaside Heights while there is still time. Pkwy Exit 82, 1 Hr from NYC, Philly/AC. More info available. Great paying tenants.
Exterior Features

Exterior LightingScreens Garage No Garage Type None Lot Description See Remarks Lot Dimensions 4 Units Are Studio's And 4 Are One Bedrooms Parking Driveway AssignedOff Street Parking Spaces 8.00 Pool Other Pool YN No Roof Shingled Siding Vinyl Water View No Waterfront No

Interior Features

Basement Other Basement YN No Beds Unit1 1 Beds Unit2 1 Beds Unit3 1 Beds Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Heat AC Multi Units Heat Fuel Electric Unit1 Ac UnitElectric MeterRefrigerator Unit2 Ac UnitElectric MeterRefrigerator Unit3 Ac UnitElectric MeterRefrigerator Unit4 Ac UnitElectric MeterRefrigerator Water Heater Electric

Property Features

Assessment Status Assessed Assessment Total 0.00 Deed Restrictions No Est Total Expenses 41000.00 Excluded Units: 135691011 & 12Lot #'S For Contract Are: 1.011.031.051.061.091.101.11 And 1.12 Exp CAM 18000.00 Gross Income 121500.00 Insurance Expense 1900.00 Landlord Pays Association FeeSewerWater Multifamily Type Multiple Buildings Net Income 80000.00 Other Elementary Hugh J. Boyd Jr. Owner Individual(s) Real Estate Tax Expense 18100.00 Rent Unit1 1350.00 Rent Unit2 1350.00 Rent Unit3 1250.00 Rent Unit4 1250.00 Tax Year 2022 Taxes 18000.00 Tenant Pays ElectricityHeatHot Water Water Sewer Public SewerPublic Water Water Sewer Expense 3600.00 Zoning Residential

Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Michael Loundy of Seaside Heights Realty Inc.: (732) 793-5200.


© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Data last updated 2023-03-21T20:20:39.53.
 
https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22303862-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22303862-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22303862-2.jpg
Logo
Provident Legacy Real Estate Services, LLC
177 Broadway
Bayonne NJ, 07002