$860,000
$879,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8890 River Street Red Bank, NJ 07701
3 Beds
3 Baths
1,850 SqFt
Key Details
Sold Price $860,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $464
Municipality Red Bank (RED)
MLS Listing ID 22018898
Sold Date 08/14/20
Style Attached Duplex
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 2020
Property Sub-Type Single Family Residence
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Located in the West Side of RB, this ''custom home quality'' duplex incl 2 homes ea w/1850 sq ft, 3 brms, lrg kitchen/GR, 2.5 baths & designer finishes. Direct access gar w/epoxy coated flrs, prof landscaped, sod & irrigation w/fencing & paver accents. Highly energy efficient, the seller is prepared to sell the bldg pre-leased w/min $3500/mo leases $7,000 gross mo income or $84,000 annual. Tenants pay util. Owner pays taxes, ins. & landscaping. Projected net income $56-60,000 /yr. New high-quality invest. prop are a rarity. Great opp to own a low maintenance asset in an appreciating market area, valued such that the bldg will generate an attractive ROI & cash on cash return. Owner can occupy 1 duplex & lease the other & effectively subsidize a mortgage equal to 70% of purchase price.
Location
State NJ
County Monmouth
Area None
Direction Shrewsbury Ave to River St.
Interior
Interior Features Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Center Hall, Security System, Eat-in Kitchen, Recessed Lighting
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Ceramic Tile, Engineered
Fireplace No
Exterior
Exterior Feature Patio, Security System, Sprinkler Under, Lighting
Parking Features Paver Block, Asphalt, Driveway, Off Street, Converted Garage
Garage Spaces 1.0
Roof Type Shingle
Garage Yes
Private Pool No
Building
Lot Description Oversized
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Attached Duplex
Level or Stories 2
Structure Type Patio,Security System,Sprinkler Under,Lighting
New Construction Yes
Schools
Elementary Schools Red Bank Prm
Middle Schools Red Bank
High Schools Red Bank Reg
Others
Pets Allowed Dogs OK, Cats OK
Senior Community No
Pets Allowed Dogs OK, Cats OK
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Bought with Brenda McIntyre Realty
