Ventnor, NJ 08406,122 N Melbourne Ave
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Ventnor, NJ 08406,122 N Melbourne Ave
Ventnor, NJ 08406,122 N Melbourne Ave
Ventnor, NJ 08406,122 N Melbourne Ave
Ventnor, NJ 08406,122 N Melbourne Ave

$585,000

Est. payment /mo

$650,000

10.0%
Est.Price: ?

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122 N Melbourne Ave Ventnor, NJ 08406

2 Beds

2.5 Baths

SOLD DATE : 12/09/2024

Key Details

Sold Price $585,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 587863

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1940

Annual Tax Amount $6,680

Tax Year 2024

Property Description

Reduced $45,000! 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.

Location

State NJ

County Atlantic

Community Ventnor

Area Ventnor City

Interior

Heating Gas-Natural, Hot Water, Multi-Zoned, Radiator

Exterior

Parking Features One Car

Building

Sewer Public Sewer

Water Public

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by MARKETPLACE REALTY

Jason Gareau

Broker

+1(609) 929-4486

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