This well-located property in Neptune offers multiple income streams with strong tenancy in place. The building includes an owner-operated laundromat, along with three leased units: a convenience store, barber shop, and residential apartment. With high visibility, steady neighborhood traffic, and established leases, 1528 Monroe Ave presents an excellent opportunity for both investors and owner-operators seeking reliable cash flow in a proven location.
There is ample parking as well in the building.
Current Rent Roll
Convenience Store: $2,408.00
Barbershop:$1155.00
2-bedroom residential apartment: $1,575
Landlord pays sewer, but all other utilities are separated and paid by tenants.
3,962 Sq Ft
0.2 Private Acres Lot Size
Investment
$7,001 Annual Tax
Built in 1930
MLS/Listing ID 22528303
2 Stories
4 Units
Cooling - Central Air
Heating - Forced Air