Income Generating Property!! Preliminary Approval for 10 apartments. See Associated Documents. Current use as 10 unit Rooming House. Income from Rooming House: 4 units at $600, 1 unit at $650, 2 units at $700, 2 units at $800 and 1 unit at $1000. Total for the month is $7050. Expenses for the month: $400 for gas, $400 for electric, $600 for taxes, $200 for maintenance, water/sewer $300 and $830 for insurance, total $2700 for the month. Good location. 2 Blocks from the Beach, Boardwalk and Casinos.
Listing courtesy of: BHHS FOX and ROACH-Northfield
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.