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122 N Melbourne

Ventnor, NJ 08406
  • $695,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 586493
UPDATED: 215 min ago
$695,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Rarely available legal duplex on large corner lot on one of the best streets in Ventnor. The property features an updated 1 bedroom, 1.5 bathroom unit on the first floor (big enough to be easily converted to a 2 bedroom) and a 1 bedroom, 1 bathroom unit upstairs. This 38x76 lot has flexibility to be maintained as a rental property, use one unit and off set costs by renting one unit, converting to single family or tearing down to replace with single family or two units! Downstairs lease $1,430 per month (+$50/mo for gas); upstairs lease $1,098 per month; both able to be canceled with a sale and 60 day notice.

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© 2024 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 The Dwyer Group | Goldcoast Sotheby's International Realty. 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 2024-07-13T23:49:53.193.
www.dwyergrouprealestate.com/homes/151980992
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122 N Melbourne Ventnor, NJ 08406

  • Price: $695,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 215 min ago
  • MLS #: 586493
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Ventnor City
County:
Atlantic
Area:
Ventnor City
Property Description
Rarely available legal duplex on large corner lot on one of the best streets in Ventnor. The property features an updated 1 bedroom, 1.5 bathroom unit on the first floor (big enough to be easily converted to a 2 bedroom) and a 1 bedroom, 1 bathroom unit upstairs. This 38x76 lot has flexibility to be maintained as a rental property, use one unit and off set costs by renting one unit, converting to single family or tearing down to replace with single family or two units! Downstairs lease $1,430 per month (+$50/mo for gas); upstairs lease $1,098 per month; both able to be canceled with a sale and 60 day notice.
Exterior Features

Driveway Concrete Garage One Car Location Corner Lot Dimensions 38' x 76' Parking Two Car Waterfront YN No

Interior Features

Air Conditioning Ceiling Fan(s)Window Units Basement Crawl Space Heating Gas-NaturalHot WaterMulti-ZonedRadiator

Property Features

Adult Community /55+ Yes Age Range 25+ Years Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Lot Number 16 May Be Subject To Third Party Approval Short Sale No Multifamily Type Duplex Number Of1 Bedroom Units 2 Number Of2 Bedroom Units 0 Rental Information See Remarks Sale Or Rent For Sale Sewer Public Sewer Tax Year 2023 Taxes 6503 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of MARKETPLACE REALTY: .


© 2024 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 The Dwyer Group | Goldcoast Sotheby's International Realty. 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 2024-07-13T23:49:53.193.
 
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The Dwyer Group | Goldcoast Sotheby's International Realty
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Ocean City NJ, 08226