Grace Realty - Ocean City New Jersey & Marmora
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OCEAN CITY, NJ: (609) 398-6200 ~ 3400 Central Avenue, Ocean City, NJ 08226
OCEAN CITY, NJ: (609) 398-1776 ~ 1401 Ocean Ave, Ocean City, NJ 08226
MARMORA: (609) 390-3303 ~ 904 S. Shore Road, Marmora, NJ 08223

322 Northfield Ave,Northfield NJ - Active

Price: $829,000
Type: MULTI-FAMILY
MLS: 605764
  Bedrooms: 0
Baths: 0   Half Baths: 0
Lot Size: 117x170

Two Legal Homes • Three Total Units • Turnkey Investment Opportunity--- Rare opportunity to own two legal homes on one large lot in the heart of Northfield. This fully occupied, income-producing property offers three total units with separate utilities and extensive recent updates, making it an ideal turnkey investment. Front House • 4 bedrooms, 2 full baths • Currently rented for $2,700/month • Renovated with new roof, siding, windows, plumbing, HVAC • Modern kitchen and bathrooms • Vinyl flooring throughout Rear Carriage House (Two Legal Units) • Unit 1: 2 bedrooms, 1 bath • Unit 2: 1 bedroom, 1 bath • Both units currently rented to one group for $3.000/month total • Renovated with new roof, siding, windows, plumbing, HVAC • Modern kitchens and bathrooms • Vinyl flooring throughout • Separate meters for gas, electric, and water Investment Highlights • Total rent roll: $5,700/month • All units tenant-occupied • All major systems updated • Strong rental demand in a desirable Northfield location • Low-maintenance, high-functioning property with multiple income streams This is a rare chance to acquire a fully renovated, fully rented, multi-unit property with excellent cash flow from day one.

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   PROPERTY FEATURES
Status: Active
Lot Dimensions: 117x170
Water: Public
Other Rooms: Dining Area,Dining Room,Living Room
Sewer: Public Sewer
Water Heater: Gas
Appliances: Dryer,Gas Stove,Refrigerator,Washer
Heating: Forced Air,Gas-Natural
Cooling: Ceiling Fan(s),Central
Parking - Exterior: Parking Pad,Three or More Cars
Garage: None
Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Northfield.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
Grace Realty
  Toll Free: 1 (800) 296-HOME
  Central Ave, OC: (609) 398-6200
  Ocean Ave, OC: (609) 398-1776
  Marmora: (609) 390-3303
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