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$1,199,000
Est. payment /mo
New
128 N Portland Ave Ave Ventnor, NJ 08406
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UPDATED:
01/03/2025 03:22 AM
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 591805
Year Built 1940
Annual Tax Amount $10,640
Tax Year 2024
Property Description
Mixed use building offering MANY income streams and a ton of upside potential for a new forward thinking owner! Neighboring new construction properties make this property a great investment. Property consists of 3 residential units, commercial office & garage with first floor storefront lobby. Deep 70ft. garage with both 9ft high front roll up door and rear double door warehouse access. Lots of storage space. Office space is located right next to garage space and features a full bathroom! Unit A has two large bedrooms, upgraded kitchen that overlooks spacious living room. Large washer & dryer room of the kitchen. Unit B is a one bedroom one bath that has been utilized in the past as a short term rental unit. Unit has back deck access. Unit C is an extremely large top floor unit featuring three bedrooms, two full bathrooms, and large kitchen with center island. Private deck access right off the kitchen adds great outdoor living! Unit also features washer and dryer. Bonus of this property is the very large bi-level storage garage in rear of property – this area offers a ton of extra space that is currently not being utilized. Option to purchase multi-family building next door 126 N Portland Ave. (MLS#591803 ) as a package. Seller makes no representations and Buyer is encouraged to do their due diligence on allowable uses. Buyer is responsible for all inspections, CO, and due diligence.
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Rooms
Other Rooms Breakfast Nook, Den/TV Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Kitchen, Laundry/Utility Rm, Living Room, Workshop
Interior
Heating Gas-Natural
Exterior
Exterior Feature Stucco
Parking Features Attached Garage, One and Half Car, Two Car
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
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