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For Sale 122 Melbourne, Ventnor, NJ, 08406

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122 Melbourne, Ventnor, NJ, 08406

$695,000

  • Buyer Agent Compensation: N/A
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Rarely available legal duplex on large corner lot on one of the best streets in Ventnor. The property features an updated 1 bedroom, 1.5 bathroom unit on the first floor (big enough to be easily converted to a 2 bedroom) and a 1 bedroom, 1 bathroom unit upstairs. This 38x76 lot has flexibility to be maintained as a rental property, use one unit and off set costs by renting one unit, converting to single family or tearing down to replace with single family or two units! Downstairs lease $1,430 per month (+$50/mo for gas); upstairs lease $1,098 per month; both able to be canceled with a sale and 60 day notice.

Listing courtesy of: MARKETPLACE REALTY
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.
Total Rooms
Full Bath 0
# of Stories
Year Build 1940
Lot Size
Tax 6503.00
SQFT
ParkingGarageOne Car
HeatingGas-Natural, Hot Water, Multi-Zoned, Radiator
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units Duplex
Tax Year 2023
Area Ventnor City
BasementCrawl Space
CoolingCeiling Fan(s), Window Units
SewerPublic Sewer
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