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Property view

275 Riverside Drive, 
Brick, NJ 08724

$650,000


3

Beds


3

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

John Hazelet

Bought with RE/MAX Central

Hazelet Realty Group, LLC.

MLS#

22424523

Source:

NJ MOMLS

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About This Home

275 Riverside Drive

Investors, take note! Two separate homes on one expansive lot, this property offers a rare blend of versatility, income potential, and prime location, making it an exceptional addition to any real estate portfolio. The first home is a well-maintained 3-bedroom, 1.5-bath house that offers spacious living areas, modern amenities, and cozy charm. Tenants currently occupy the property with a lease in place until January 2025, providing immediate rental income. The home features a bright kitchen with ample cabinet space, a large living room, and generously sized bedrooms. The half bath adds convenience, and the full bath is well-appointed for everyday comfort. (see more) The second home is a charming 2-bedroom, 1-bath residence that comes with an additional loft space, perfect for use as a third bedroom or a versatile office or playroom. This property is also currently leased, with tenants in place until May 2025. Both homes are fully leased, generating immediate cash flow with long-term tenants in place. This is an ideal opportunity for investors seeking rental properties with low vacancy rates in a highly desirable area. The dual-occupancy structure also opens the door for creative investment strategieswhether you're interested in holding for steady rental income, or even living in one home while renting out the other. Don't miss out on this rare investment opportunity in one of New Jersey's most sought-after coastal communities. Whether you're looking to expand your real estate portfolio or secure a lucrative investment property with great tenants already in place, this Brick, NJ two-family home is a perfect fit. Schedule your showing and explore the potential this property holds for you!

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1948

Price Summary

650,000

MLS #:

22424523

Sold:

October 21, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2


Structure

Structure

Year Built:

1948


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$650,000

Source:NJ MOMLS
IDX information if 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. Information provided by Monmouth MLS. Last Updated December 4, 2024