128 N Portland Ave new Save Request In-Person Tour Request Virtual Tour
Ventnor,NJ 08406
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 595961
Annual Tax Amount $10,640
Tax Year 2024
Property Sub-Type 4 - 10 Units
Property Description
Fully leased & cash flowing w/ long term tenants, mixed use building offering MANY income streams currently. Neighboring new construction properties make this property a great investment. Property consists of 3 residential units, commercial office & garage with first floor storefront lobby. Deep 70ft. garage with both 9ft high front roll up door and rear double door warehouse access. Lots of storage space. Office space is located right next to garage space and features a full bathroom! Unit A has two large bedrooms, upgraded kitchen that overlooks spacious living room. Large washer & dryer room of the kitchen. Unit B is a one bedroom one bath that has been utilized in the past as a short term rental unit. Unit has back deck access. Unit C is an extremely large top floor unit featuring three bedrooms, two full bathrooms, and large kitchen with center island. Private deck access right off the kitchen adds great outdoor living! Unit also features washer and dryer. **BONUS** of this property is the very large bi-level storage garage in rear of property – this area offers a TON of extra land space in rear, which is currently only used for storage. Option to purchase multi-family building next door 126 N Portland Ave. (MLS#595963) as a package. Financials available upon request. Seller makes no representations and Buyer is encouraged to do their due diligence on allowable uses. Buyer is responsible for all inspections, CO, and due diligence.
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Interior
Heating Gas-Natural
Exterior
Parking Features Two Car
Building
Sewer Public Sewer
Water Public
Others
Senior Community No