161-169 Lincoln Avenue

    Elberon, NJ 07740
    • $2,125,000
    • STATUS: Active
    • ON SITE: 151 days
    • MLS #: 21736446
    UPDATED: 220 min ago
    $2,125,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1970
    County:

    School Ratings & Info

    Description

    WONDERFUL INVESTMENT OPPORTUNITY WITH AN NOI OF 122,000 A YEAR...6% CAP,FULL OCCUPENCY WITH LONG TERM TENANTS.PLEASE CALL FOR AN APPOINTMENT.IT HAS TWO BUILDINGS,ONE HAS 2 STORES AND ONE RESTAURANT AND THE OTHER ONE HAS A STORE AND 2 APARTMENTS BUILDING.

    Monthly Payment Calculator



    © 2018 Monmouth-Ocean MLS. IDX information 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 or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Data last updated 2018-02-17T18:20:06.223.
    www.gardenstatehomesearcher.com/homes/76854553

    161-169 Lincoln Avenue Elberon, NJ 07740

    • Price: $2,125,000
    • Status: Active
    • Updated: 220 min ago
    • MLS #: 21736446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    None
    County:
    Monmouth
    Area:
    Long Branch (LON)
    Property Description
    WONDERFUL INVESTMENT OPPORTUNITY WITH AN NOI OF 122,000 A YEAR...6% CAP,FULL OCCUPENCY WITH LONG TERM TENANTS.PLEASE CALL FOR AN APPOINTMENT.IT HAS TWO BUILDINGS,ONE HAS 2 STORES AND ONE RESTAURANT AND THE OTHER ONE HAS A STORE AND 2 APARTMENTS BUILDING.
    Exterior Features

    Construction Siding Block Exterior Outdoor Lighting Garage No Location Near BusstopNear Rrtrans Lot Description CornerCurbingSidewalks Lot Dimensions 109 X 90 Material Block Parking Driveway AssignedOff StreetOn Street

    Interior Features

    Basement Partial Elevators 0.00 Elevators Capacity 0.00 Heat AC Central AirRadiant Heat Fuel Natural Gas Interior Fire Alarm Rental Units 6 Water Heater Natural Gas

    Property Features

    Assessment Land 486900.00 Assessment Status Assessed Assessment Total 800600.00 Business Operating Yes Commercial Type Mixed Use Documents Available LeaseSurvey/TopographyTax Returns Electric1 Other - See Remarks Excluded All Personal Belongings Farm Assessed No Franchise No Gas At Street Gross Income 141200.00 Handicap Access No Improvements Assessment 313700.00 Insurance Expense 7000.00 Landlord Pays SewerTaxesWater Lease Yes New Construction No Operating Income 122000.00 Real Estate Tax Expense 16000.00 Sale Yes Sewer Public Sewer Tax Year 2016 Taxes 16221.00 Use ApartmentsRestaurantRetail Water Public Water Water Sewer Expense 2500.00 Zoning CommercialMulti-FamilyOfficeProfessionalResidentialRetail

    Listing information © 2018 Monmouth-Ocean MLS. Listing provided courtesy of Janet Marcellino of Weichert Realtors-Spring Lake.


    © 2018 Monmouth-Ocean MLS. IDX information 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 or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Data last updated 2018-02-17T18:20:06.223.
    The Dekanski Home Selling Team :: RE/MAX 1st Advantage
    170 Inman Avenue
    Colonia NJ, 07067