Courtesy of: Erik Ewell, LPT Realty, erikewell.realty@gmail.com
Courtesy of: Erik Ewell, LPT Realty, erikewell.realty@gmail.com
$1,980,000
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10 bed
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5.00 Bath (5 Full)
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Lot: 0.08 Acres
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Other
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$1,980,000
140 Ocean Avenue Welcome to Point Pleasant Beach! Rent Ready: 6.8% Cap rate! $135, 000 Net Operating Income in 2025. This 4 unit compound on beach block features 2 buildings with patios, decks, outside showers, and storage. Unit 1 has 4 bedrooms, 2 full bathrooms. Unit 2 has 4 bedrooms, 1 full bathroom. Unit 3 has 1 bedroom, 1 full bathroom. Unit 4 has 1 bedroom, 1 full bathroom. The 2025 rent consists of short term rentals in units 1 and 2, along with month to month rentals in units 3 and 4. There is potential for more income if all units are utilized as short term rentals.
Courtesy of: Erik Ewell, LPT Realty, erikewell.realty@gmail.com
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