Description
Opportunity awaits the next savvy investor. This mixed-use commercial building is waiting for the next Island Investor. Great Corner lot in the center of town in the 'Lighthouse District'. This building consists of 4 - 1 Bedroom, 1 Bath, 1 - 2 Bedroom, 2 Bath, 4 Garages, and 1 Commercial Unit. (the commercial unit could be converted back to residential with proper paperwork filled at the city) Each Apartment and Garage are currently rented and the rental income for Grooses is just over $78k. Total Building has Newer Roof, Siding, Lighting & Gutters. Unit updates included (but were not limited to) HVAC, Appliances, Rug/Flooring, Newer Kitchen, and Newer Plumbing. Each unit has there own Gas/Electric meter. 1 block to the bay (partial view), 2.5 blocks to the beach, off street parking for 6 cars. Great rental income and possibilities for more! Schedule your showing today. ***Cross-listed as multi-family MLS 566572. Additional photos to come.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Opportunity awaits the next savvy investor. This mixed-use commercial building is waiting for the next Island Investor. Great Corner lot in the center of town in the 'Lighthouse District'. This building consists of 4 - 1 Bedroom, 1 Bath, 1 - 2 Bedroom, 2 Bath, 4 Garages, and 1 Commercial Unit. (the commercial unit could be converted back to residential with proper paperwork filled at the city) Each Apartment and Garage are currently rented and the rental income for Grooses is just over $78k. Total Building has Newer Roof, Siding, Lighting & Gutters. Unit updates included (but were not limited to) HVAC, Appliances, Rug/Flooring, Newer Kitchen, and Newer Plumbing. Each unit has there own Gas/Electric meter. 1 block to the bay (partial view), 2.5 blocks to the beach, off street parking for 6 cars. Great rental income and possibilities for more! Schedule your showing today. ***Cross-listed as multi-family MLS 566572. Additional photos to come.
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Listing information © 2023 South Jersey Shore Regional MLS.