United StatesNew JerseyRed Bank29-33 Drs James Parker Boulevard

29-33 Drs James Parker Boulevard
29-33 Drs James Parker Boulevard Red Bank, New Jersey 07701 United States

$500,000
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RE/MAX 1st. Advantage

New Listing
3
Full Baths
984 Sq Ft.
Interior
Multi-Family Homes
Property type
1925
Year Built
22117748
Web Id
22117748
MLS ID
Red Bank Regional
School District
Red Bank Prm
Elementary
Red Bank
Middle
Red Bank Reg
High
16
days ago

About 29-33 Drs James Parker Boulevard

For the first time, ''The Cottages at Red Bank'' are available on the open market! Rush to make your offer on these 3 studio cottages on 1 lot in thriving Red Bank! Each cottage is fully rented. Rents are $1,150, $1,150 and $1,100. Tenants pay all utilities (including gas, electric, water/sewer) and handle snow removal. Landlord handles lawn care.With 25% down, this property presents roughly an 8.2% return on investment (ROI) and a cap rate of 6.7%+/-!Each cottage has a kitchen, bathroom and living room/bedroom combo with closet. All appliances come with the homes. There is large shared yard with an owners shed. All homes have cute front porches, vinyl siding and architectural grade roofs. Hurry...this will NOT LAST!! Interior shots were prior to tenant moving in.

This property is located in municipality of "Red Bank (RED)"

Listing Courtesy of Michael Laico, RE/MAX 1st. Advantage

PROPERTY INFORMATION

Basement
Other - See Remarks
Heating
Electric
Parking Description
On Street
Sewer
Public Sewer, Public Water
Waterfront
No

EXTERIOR

Exterior Features
Fence, Outdoor Lighting, Thermal Window
Lot Description
Fenced Area, Level
Roofing
Other - See Remarks, Shingled

INTERIOR

Flooring
Linoleum/Vinyl, W/W Carpet

ADDITIONAL INFORMATION

ANNUAL PROPERTY TAX
$4, 621

RE/MAX 1st. Advantage

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