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126-128 N Portland Ave Ventnor, NJ 08406
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Key Details
Sold Price $1,207,000
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 572879
Sold Date 06/09/23
Bedrooms 5
Annual Tax Amount $15,651
Tax Year 2022
Property Description
Two Multi-unit residences with nearly $125,000 gross rental income. There is offstreet parking behind and alongside one of the buildings. All residential units are master-leased by one Tenant who owns all the furnishings & decor items, so they remain only as long as the units are rented to them.Those units are operated similar to an Air BnB by their master-tenant, and we only get access to see units during rental turnover. Normally we can't get in to see all of them in one visit. Listing Agent will assist you with showings.
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Rooms
Other Rooms Workshop
Interior
Heating Gas-Natural, Multi-Zoned
Exterior
Exterior Feature Stucco, Vinyl
Garage Three or More Cars, Attached Garage
Waterfront No
Building
Sewer Public Sewer
Water Public
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