44 Hancock Avenue
Property Description
RARE BEACH BLOCK INVESTMENT OPPORTUNITY IN THE DESIRABLE NORTH END! This unique multi-family beach property offers an exceptional combination of location, versatility and income potential-perfect for investors, extended families, or buyers looking to enjoy the Jersey Shore while generating substantial rental revenue. The main house features 5 bedrooms and 2.5 baths, offering plenty of space for large families and vacation guests. The rear house consists of two separate units, each featuring 2 bedrooms and 1 full bath. Located on a highly sought-after beach block in the desirable North End, just steps from the sand and boardwalk. With potential peak-season rental income of approximately $10,000 per week, this is an opportunity that deserves attention. Beach Block - North End - 9 Existing Bedrooms - 3 Existing Units - Potential 4th Unit - Exceptional Rental Potential Enjoy the property yourself, maximize its investment potential, or create the perfect combination of personal use and rental income. Rare opportunities like this don't come along often-own your piece of the Jersey Shore!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,550,000 |
| No. of Units: | 3 |
| Year Built: | 1940 |
| Lot Size: | 2,800.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $516,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MOMLSNJ-22629140
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
25 Oakwood Avenue
Long Branch, New Jersey
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout