$680,000
5
Beds
4
Baths
1,693
Living Area
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Property Description
Charming Multi-Family Investment Opportunity! Welcome to your next investment gem nestled in a tranquil neighborhood just 2 miles from the sun-soaked shores of Menauhant Beach. This captivating multi-family property offers three residential units, making it an ideal choice for both seasoned investors and those looking to dive into the lucrative rental market. Inviting front porch that beckons you to sit a while and enjoy the serene surroundings. This unique property features a total of 5 spacious bedrooms and 4 bathrooms, ensuring ample space and comfort for residents. The easy-care vinyl siding not only enhances the property’s curb appeal, but also reduces maintenance, allowing you to spend more time enjoying beach life and less time worrying about upkeep. With two of the three units already generating income, this property presents a remarkable opportunity for passive income, while also allowing the new owner to create their dream living space in the newly renovated first-floor unit.
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Highlights
- Area: Teaticket
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1925
- Heating: Forced Air, Natural Gas, Baseboard
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 11
- Status: Closed
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Additional Details
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
- Flooring: Wood, Tile, Carpet, Laminate, Hardwood
- Interior Features: Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Finished
- Foundation: Block
- Lot Features: Wooded, Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
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Amenities
- Community Features: Shopping
- Waterfront Features: Ocean, Beach Ownership(Public)
- Parking Features: Paved Drive, Paved
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Utilities
- Sewer: Private Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $566,400
- Taxes: $3,325
- Tax Year: 2025
- Total Rent: $2,700
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