22
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$715,000
Est. payment /mo
4 Beds
3 Baths
2,178 Sqft Lot
New
240 Sherman Avenue #3 Seaside Heights, NJ 08751
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Key Details
Property Type Multi-Family
Sub Type Three Family
Listing Status Active
Purchase Type For Sale
Municipality Seaside Heights (SEH)
MLS Listing ID 22610008
Bedrooms 4
Full Baths 3
Year Built 1946
Annual Tax Amount $8,563
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 25 x 100
Property Sub-Type Three Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Exceptional investment opportunity awaits with this fully renovated 3-family property, ideally located at the Jersey Shore. Offering immediate cash flow and modern upgrades throughout, this is a true turnkey asset for both seasoned and first-time investors.
The front residence features two beautifully updated 1-bedroom, 1-bathroom units, each thoughtfully designed with contemporary finishes. The rear home offers a spacious 2-bedroom, 1-bath layout, perfect for maximizing rental potential or owner occupancy. Every unit has been meticulously upgraded with new flooring, stylish white cabinetry, stainless steel appliances, tankless water heaters, and energy-efficient heating & cooling systems. Additional enhancements include recessed lighting, ceiling fans, & sleek stand-up shower enclosures, delivering both comfort and modern appeal.
All three units are fully rented year-round, generating over $55,000 in annual income, making this an immediate income-producing property. Additional features include a convenient coin-operated washer and dryer, as well as dedicated storage for each unit. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property offers endless possibilities.
The front residence features two beautifully updated 1-bedroom, 1-bathroom units, each thoughtfully designed with contemporary finishes. The rear home offers a spacious 2-bedroom, 1-bath layout, perfect for maximizing rental potential or owner occupancy. Every unit has been meticulously upgraded with new flooring, stylish white cabinetry, stainless steel appliances, tankless water heaters, and energy-efficient heating & cooling systems. Additional enhancements include recessed lighting, ceiling fans, & sleek stand-up shower enclosures, delivering both comfort and modern appeal.
All three units are fully rented year-round, generating over $55,000 in annual income, making this an immediate income-producing property. Additional features include a convenient coin-operated washer and dryer, as well as dedicated storage for each unit. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property offers endless possibilities.
Location
State NJ
County Ocean
Area Seaside Heights
Building/Complex Name None
Direction Central To Sherman Ave.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Flooring Laminate
Exterior
Parking Features On Street, None
Roof Type Shingle
Garage No
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 27-00053-0000-00019
Listed by Keller Williams Realty Ocean Living