Skip To Content

    250 Hancock Avenue

    Seaside Heights, NJ 08751
    • $749,000
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 22106693
    $749,000
    • 10
      BEDS
    • 0.11
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    A Must see SEVEN UNITS Investor dream beautiful income producing property with 10 Bedrooms, 7 Baths, separate utilities, parking and 2 Blocks to the Beach. This turn key property consists of two separate buildings and the occupied units can be delivered vacant ready for summer rentals or year round tenants. CAP RATE 14%

    Monthly Payment Calculator



    © 2021 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 eXp Realty. Data last updated 2021-06-20T00:19:20.397.
    www.sellwithsikora.com/homes/114867345
    Print Image

    250 Hancock Avenue Seaside Heights, NJ 08751

    • Price: $749,000
    • Status: Active
    • MLS #: 22106693
    10
    Beds
    7
    Baths
    0
    ½ Baths
    0.11
    Acres
    1940
    Built
    County:
    Ocean
    Area:
    Seaside Heights (SEH)
    Property Description
    A Must see SEVEN UNITS Investor dream beautiful income producing property with 10 Bedrooms, 7 Baths, separate utilities, parking and 2 Blocks to the Beach. This turn key property consists of two separate buildings and the occupied units can be delivered vacant ready for summer rentals or year round tenants. CAP RATE 14%
    Exterior Features

    Exterior Thermal Window Garage No Garage Type None Lot Description Level Lot Dimensions 50 X 100 Parking Driveway Assigned Pool Other - See Remarks Pool YN No Roof Shingled Siding Shingle Water View No Waterfront No

    Interior Features

    Basement Crawl Space Basement YN Yes Beds Unit1 1 Beds Unit2 1 Beds Unit3 1 Beds Unit4 1 Fireplace No Floors Ceramic Tile Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Heat AC 3+ Zoned HeatElectric Bb Heat Fuel ElectricNatural Gas Unit1 Electric Stove Unit2 Electric StoveRefrigerator Unit3 Electric Stove Unit4 Electric Stove Water Heater Natural GasTank

    Property Features

    Assessment Land 150000.00 Assessment Status Assessed Assessment Total 492300.00 Deed Restrictions No Electric Expense 6000.00 Est Total Expenses 26353.00 Financials Per Year Financing CashConventionalFhaVa Gas Expense 2000.00 Gross Income 129600.00 Handicap Access No Improvements Assessment 342300.00 Insurance Expense 3400.00 Landlord Pays ElectricityGasWater Multifamily Type Multiple Buildings Net Income 103247.00 Oil Expense 0.00 Owner CorporateOther - See Remarks Real Estate Tax Expense 11953.00 Tax Year 2020 Taxes 11953.00 Tenant Pays Electricity Water Sewer Public SewerPublic Water Water Sewer Expense 3000.00 Zoning Multi-FamilyResidential

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Olatubosun Modile of Keller Williams Realty.


    © 2021 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 eXp Realty. Data last updated 2021-06-20T00:19:20.397.
     
    https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22106693-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22106693-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/1280_boomver_1_22106693-2.jpg
    Logo
    eXp Realty
    28 Valley Rd Suite 1
    Montclair NJ, 07042