Beautiful, over-sized turn of the century Queen Anne Victorian in the estate home section of NE Asbury Park, 2 1/2 blocks off the beachfront. The property is comprised of two buildings, the front main home (6 units) with original hardwood floors, and Victorian details, and a back, two-level carriage house(2 units). The financials are very strong under the current configuration with the net income in excess of $74K. While this home can certainly be maintained as a cash positive rental building, the property also offers unlimited restoration or redevelopment potential. Given the close proximity to the beach, this property would make a wonderful condo conversion for high end weekend units, or, restore this amazing property to its former grandeur as a stately principal home.
|8/20/2019 3:00:00 AM||New Value: $890,000|
|5/30/2019 11:48:10 AM||New Value: Under Contract|
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