Rare value-add opportunity in the heart of Red Bank! This 6-family multifamily offers below-market rents with significant upside through strategic adjustments as units turn over -- a true investor's dream with the hard work already priced in.
Tenants enjoy walkable access to NJ Transit with direct NYC service, plus Red Bank's acclaimed dining, bars, and entertainment -- amenities that keep units full and tenants renewing.
A major Netflix production hub coming within 5 miles will drive further demand for quality housing in the area.
Premier location, embedded rent growth, and a generational demand catalyst on the doorstep. Don't miss this one.
Property is being sold as is.
2,631 Sq Ft
6,534 Sq Ft Lot Size
Investment
Built in 1900
MLS/Listing ID 22605460
2 Stories
6 Units
Cooling - Other