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3624 & 3628-44 Brigantine

Brigantine, NJ 08203
  • $2,450,000
  • STATUS: Active
  • ON SITE: 302 Days
  • MLS #: 546609
UPDATED: 69 min ago
$2,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Amazing opportunity at the Shore in the heart of Brigantine, NJ only a few blocks off the beach on approximately 1/2 acre of land. Located right across the inlet just outside of Atlantic City is this very rare mixed use investment property opportunity. This property features 14 500+ Sq ft. two bedroom one bath apartments year round, fully occupied, and seven commercially occupied units. It also includes attached 40x100 parking lot. Owner managed over the last 15+ years this property has been very well maintained and managed. Nothing like this has hit the market in several years, and we dont expect this to last. Currently it only takes four months expenses for this property to carry itself. Thats 8 mo of cash flow. Owner has maintained very affordable rent for these tenants, and there is a lot more upside on your ROI.

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© 2021 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gary Simmens | Keller Williams Atlantic Shore Real Estate. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-11-26T22:49:51.31.
www.garysimmens.com/homes/113674465
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3624 & 3628-44 Brigantine Brigantine, NJ 08203

  • Price: $2,450,000
  • Status: Active
  • On Site: 302 Days
  • Updated: 69 min ago
  • MLS #: 546609
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Brigantine City
County:
Atlantic
Area:
Brigantine City
Property Description
Amazing opportunity at the Shore in the heart of Brigantine, NJ only a few blocks off the beach on approximately 1/2 acre of land. Located right across the inlet just outside of Atlantic City is this very rare mixed use investment property opportunity. This property features 14 500+ Sq ft. two bedroom one bath apartments year round, fully occupied, and seven commercially occupied units. It also includes attached 40x100 parking lot. Owner managed over the last 15+ years this property has been very well maintained and managed. Nothing like this has hit the market in several years, and we dont expect this to last. Currently it only takes four months expenses for this property to carry itself. Thats 8 mo of cash flow. Owner has maintained very affordable rent for these tenants, and there is a lot more upside on your ROI.
Exterior Features

Commercial Style Comm. W/ApartmentsCommercial Location Beach Block Lot Dimensions 40X100 + 1/2 Acre Parking 11 Or More Spaces Siding Exterior Stucco Stories 2

Interior Features

Air Conditioning CentralWindow Units Flooring Linoleum/Vinyl Heating ElectricGas-Natural Hot Water ElectricGas Specialty Rooms Laundry Room

Property Features

Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Sewer Private Tax Year 2020 Taxes 23863 Water Private

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Keller Williams Realty Jersey Shore-Ocean City.


© 2021 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gary Simmens | Keller Williams Atlantic Shore Real Estate. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-11-26T22:49:51.31.
 
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Gary Simmens | Keller Williams Atlantic Shore Real Estate
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