1004 5th Avenue, Asbury Park, NJ 07712

$1,800,000
List Price
$1,800,000

Property Description

''THE ARCHES ON FIFTH'' Restored, to-the-studs gut renovation seashore colonial. 2 buildings, 12 units, situated on Fifth Avenue, one of Asbury Park's premiere streets. This quiet, tree-lined avenue is a bike ride away from the downtown, beach & boardwalk. 5 Studios & 7 one BRs offer affordable rental options for today's renters. Tenants pay own util. (water, electric & elec heat). Leave the main building as 6 units, or customize it to suit your personal needs, leaving the back building intact as a six unit income producer. Featuring hardwood floors, spacious baths, common basement storage, deep rocking chair porch, courtyard & both private & shared outdoor spaces, ''THE ARCHES ON FIFTH'' is a pleasant place to live. Condo conversion is a possibility. Don't let this rare multi pass you by!

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Listing courtesy of Diane Turton, Realtors-Asbury Park.