Description
New price point makes this one sweet investment property!! Corner beach block location in AC with Beach views!! Steps to Stockton Annex. Seconds to Ventnor. Heavy foot traffic here!! Trilevel corner lot. Has a store front. Currently occupied by a month-to-month tenant. Busy Barber shop. And of course it is, the location is prime! 2nd and 3rd flr are 2bdrm 1 bth apartments. Mirror images of each other, these units need some tlc. Both units are occupied by long term tenants. Also, on a month-to-month basis. Rents have not been raised in quite some time. Owner had rooftop retouched in 2014. Some structural engineer work done approx. 10yrs ago. It has been well maintained. But could use a few more ideas. Rear of building houses the boilers and water heaters. Decking and Steps in rear of property were added for convenience to the upstairs tenants. 3rd floor apartment has the best view of the ocean!! Did I hear someone say AIR BB?? Thoughts to enhance the entrepreneur investor in you!! This has potential of being one big cash cow!! Sold in strictly "AS IS" condition. Owners are tired- and retiring from landlorship. So here's your opportunity!
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School Ratings & Info
Description
New price point makes this one sweet investment property!! Corner beach block location in AC with Beach views!! Steps to Stockton Annex. Seconds to Ventnor. Heavy foot traffic here!! Trilevel corner lot. Has a store front. Currently occupied by a month-to-month tenant. Busy Barber shop. And of course it is, the location is prime! 2nd and 3rd flr are 2bdrm 1 bth apartments. Mirror images of each other, these units need some tlc. Both units are occupied by long term tenants. Also, on a month-to-month basis. Rents have not been raised in quite some time. Owner had rooftop retouched in 2014. Some structural engineer work done approx. 10yrs ago. It has been well maintained. But could use a few more ideas. Rear of building houses the boilers and water heaters. Decking and Steps in rear of property were added for convenience to the upstairs tenants. 3rd floor apartment has the best view of the ocean!! Did I hear someone say AIR BB?? Thoughts to enhance the entrepreneur investor in you!! This has potential of being one big cash cow!! Sold in strictly "AS IS" condition. Owners are tired- and retiring from landlorship. So here's your opportunity!
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