54 East Avenue
Property Description
*** OFFER DEADLINE 12pm Monday 9/21**** LOCATION... LOCATION... LOCATION!! Whether you're looking to LIVE, INVEST, or do a little bit of BOTH, this 2-family home offers an opportunity that is tough to beat! Just MINUTES of a walk from some of West Haven's most popular beaches, Savin Rock Park, and the boardwalk! Walk the dog along the water, go for a morning run, spend the afternoon at the beach, grab dinner at Riva or Stowe's, or even head out for ice cream... it's all right around the corner! Now let's talk OPPORTUNITY!! Live in one unit and rent the other to help offset your living expenses, rent both to long-term tenants, or explore the potential for short-term rentals this close to the shoreline! BUT WAIT... there could be even MORE! A HUGE walk-up attic with its own access may offer an incredible opportunity to explore converting this property into a 3-family home! Neighboring properties have completed similar conversions with zoning approval. Buyer/agent to perform due diligence regarding zoning, permitting, approvals and feasibility. Owned and cared for by the same owners for an incredible 46 YEARS, the pride of ownership shows! Updates have been made throughout recent years, including a freshly updated first-floor bathroom and brand-new kitchen appliances! Beach. Boardwalk. Restaurants. TWO units. Potential for MORE. This is one you'll want to see!
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $480,000 |
| Year Built: | 1910 |
| Lot Size: | 2,436.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-CTMLS-24205379
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
116-118 N Mississippi Ave
Atlantic City, New Jersey
322 Northfield Ave
Northfield, New JerseyBrokers
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