The safest investment in Red Bank. This two-family home produces instant cash flow in a highly desirable area. Less than 5 mins to parkway and train station. Completely gutted and renovated down to the studs in 2020. Two-story detached two-car garage in the backyard of this large, deep lot provides added potential. Driveway has been fully paved since photos were taken. Each unit has a full basement seperated with direct access containing their own washer/dryer. French drain installed during renovation. Nothing for the next owner to do but collect a low-risk and sustainable rent-roll. OWNER ONLY PAYS TAXES AND INSURANCE. TENANTS PAY ALL UTILITIES.
1,900 Sq Ft
7,405.2 Sq Ft Exterior Space
Investment
$10,703 Annual Tax
Built in 1925
MLS/Listing ID 22512825
1 Stories
2 Units
Heating - Forced Air
Cooling - Central Air
Listing Courtesy of BOUTIQUE REALTY LLC, TIMOTHY GELTZEILER - 732-933-1900
Source of Data: MONMOUTH OCEAN REGIONAL MULTIPLE LISTING SERVICE