42 Beechwood Avenue
42 Beechwood Avenue Keansburg, New Jersey 07734 United States

$425,000
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Spectacular investor opportunity in a nice neighborhood! This large 2 family home has an approximate 10% Return on Investment (ROI) and a 7.2% cap rate! Rents are $1,750 and $1,700 from long term tenants who have been here since 2012 and 2017!...
6
Bedrooms
2
Full Baths
2,296 Sq Ft.
Interior
Multi-Family Homes
Property type
1967
Year Built
22117751
Web Id
22117751
MLS ID
Keansburg Borough
School District
Port Monmouth Rd
Elementary
J. R. Bolger
Middle
Keansburg
High
16
days ago
This Property is Currently Contract Pending

About 42 Beechwood Avenue

Spectacular investor opportunity in a nice neighborhood! This large 2 family home has an approximate 10% Return on Investment (ROI) and a 7.2% cap rate! Rents are $1,750 and $1,700 from long term tenants who have been here since 2012 and 2017! Tenants pay gas, electric, and handle snow removal. Landlord pays water/sewer and handles lawn care. Each unit has 3 bedrooms, 1 bathroom, living room, dining room and kitchen and combo washer/dryer units.This property is turn key and ready for you to take over!! Excellent rents and rental history! Large yard and deck. Shared paved driveway.Interior shots were prior to tenants moving in. Upstairs has been present since 2012 and downstairs since 2017!2 separate water heaters, boilers and electric, water and gas meters!

features

Additional Listing Type
In Contract

PROPERTY INFORMATION

Basement
Crawl Space
Heating
Natural Gas
Parking Description
Off Street, On Street, Paved
Sewer
Public Sewer, Public Water
Waterfront
No

EXTERIOR

Exterior Features
Deck, Fence, Outdoor Lighting, Patio, Thermal Window
Lot Description
Fenced Area, Level
Roofing
Shingled

INTERIOR

Flooring
Ceramic Tile, W/W Carpet, Wood

ADDITIONAL INFORMATION

ANNUAL PROPERTY TAX
$6, 031
Listed by RE/MAX 1st. Advantage

RE/MAX 1st. Advantage

Listed by RE/MAX 1st. Advantage
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