1004 5th Avenue, Asbury Park, NJ 07712

$1,800,000
List Price
$1,800,000
Status
ACTIVE
Type
Multifamily
MLS#
21925468
Region
Asbury Park (ASB)

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's premiere streets. Thus quiet, tree-lined avenue is a bike ride away from the downtown, beach & boardwalk. 5 studios and 7 one BRs offer affordable options for today's renters. Tenants pay own util (water/electric/& elec heat). So many possibilities! Leave the main as 6 units, or customize to suit your personal needs, leaving the back building intact as a six unit income producer. Featuring hardwood floors, spacious bathrooms, common basement storage, deep rocking chair porch, courtyard & both private & shared outdoor spaces. ''THE ARCHES ON 5TH'' is a pleasant place to live. Condo conversion is a possibility. Don't let this rare multi pass you by

Additional Information

Zoning
Residential
Water Sewer
Public Sewer, Public Water
Basement
Full, Tenant Storage
Roof
Shingled, Sloping
Heat Ac
Electric BB
Handicap Access
No
Parking Driveway
On Street
Water Heater
Electric
Floors
Wood
Heat Fuel
Electric
Parking Spaces
12
Parking Spaces
12
Tenant Pays
Electricity, Heat, Water
Landlord Pays
Garbage Removal, Sewer, Snow Removal, Water, Yard Maintenance

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Diane Turton, Realtors-Asbury Park.