Exciting entry to the LBI real estate market. 2 income producing OCEANFRONT duplexes on a 100' X 100' lot with 100' on the Beach! Average gross income past 3 years 2022-24: $177,000. 4505 has 3 bedrooms, 1 1/2 baths per floor, 2 large decks and 2 zone central heat & a/c. 4507 has the same features but each apartment has 3 bedrooms and 1 bath. Both are being sold furnished, turn key. INTERESTING OPTIONS: The 100' X 100' property is a prime spot for a 2 lot subdivision or for use as a site to build an estate-like single family home. Buyer to do their own due diligence. Property offered in "as-is" condition.
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Listing Snapshot
Price
$5,250,000
Days On Site
14 Days
Bedrooms
12
Inside Area (SqFt)
2,992 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1966
MLS® Number
NJOC2033738
Status
Active
Property Tax
$23,620
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
2 weeks ago
Listing first seen on site
General Features
Acres
0.23
Number Of Stories
2
Parking
Off Street
Parking Spaces
4
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2992
Style
OtherCoastal
Utilities
Cable AvailableNatural Gas AvailableElectricity Available
Water Source
Public
Zoning
R-50
Interior Features
Appliances
CooktopElectric Water HeaterDishwasherDryerWasherRefrigeratorMicrowave
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