223 Hamilton Avenue
Property Description
Unbeatable location just steps from the beach! Rare turnkey investment opportunity in the heart of Seaside Heights. Fully renovated in 2024, this thriving 4-unit property operates as a successful year-round rental, combining high-demand summer short-term/Airbnb stays with longer-term winter rentals. Strong, proven rental history generating over $150K in NOI. Fully equipped and ready to produce income from day one, with the flexibility to be delivered vacant. Continue the established rental operation, transition to traditional leases, or explore redevelopment potential. Ideally located near the beach, boardwalk, restaurants, nightlife, entertainment and major roadways, with convenient access to NYC, Philadelphia and Atlantic City. Unbeatable location just steps from the beach! Rare turnkey investment opportunity in the heart of Seaside Heights. Fully renovated in 2024, this thriving 4-unit property is currently operating as a successful year-round rental, capitalizing on high-demand summer short-term/Airbnb stays and longer-term winter rentals. Strong, proven rental history generating over $150K in NOI. Fully equipped and ready to continue producing income from day one, with the flexibility to be delivered vacant if desired. Continue the established rental operation, transition to traditional leases, or explore future redevelopment potential--the possibilities are endless. Ideally positioned near the beach, boardwalk, restaurants, nightlife, entertainment, and major roadways, with convenient access to NYC, Philadelphia, Atlantic City, and all that the Jersey Shore has to offer.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,274,000 |
| No. of Units: | 4 |
| Year Built: | 1960 |
| Lot Size: | 1,848.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $318,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MOMLSNJ-22625020
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Andrew Schildcrout