$534,900
Sold

31 Riverside Avenue

Red Bank, NJ 07701
6 beds | 4 baths | #21616845
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

A rare offering in Red Bank---the perfect investment property! Four family property in the prime location right by the Antique District. House offers two 2 bedroom and two 1 bedroom units. Separate furnaces & elec. meters. and off street parking. The basement has been cleaned out and painted which now offers potential for additional rent as a storage space! Investors: the cap rate of this property is approx. 8%! Fully rented with many recent updates including a new fire alarm system, kitchen cabinets, backsplashes and appliances in some units, as well as flooring and painting. The prime investment for the anyone looking to own an income producing property in Red Bank where the numbers actually make sense! Call to arrange a showing today!

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© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: MONMOUTH

Listing Courtesy
Listing Agent: Janet D Klein (#10032)
Listing Office: VRI Homes (#2532)

Roger MaloneReal Estate Group

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    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.