805 Shore Concourse

Rare 2-Family Investment Property in Cliffwood Beach -- Triple Lot -- Tenant Occupied MAIN HOUSE = $2,650 / month rent per lease that expires June 2028. 3 BR, 1 BA, full basement, partial attic, 961 sqft living space, central HVAC, 3-car driveway. 580 sqft basement not included in 961 sqft living space. Appliances include upscale refrigerator, stove, dishwasher, washer, dryer DETACHED COTTAGE STUDIO = $1,150 / month rent per lease that expires May 2027. 324 sqft living space, new deck, new roof, new appliances & water heater. There is a third structure, a shed. TOTAL GROSS RENT = $45,600 year - $6,774 taxes - $1,398 insurance - $2,288 Water & Sewer = $35,140 year ($2,928 month) net cash flow