302 1st Avenue
302 1st Avenue Asbury Park, New Jersey 07712 United States

$2,999,000
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New Listing
$2,999,000
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11,250 Sq Ft.
Interior
.11 Acres
Exterior
Commercial
Property type
1880
Year Built
22229043
Web Id
22229043
MLS ID
Asbury Park City
School District
13
days ago

About 302 1st Avenue

Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel but presently ran as a rooming house.Ideal Location-Just outside of redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown/ Cookman Ave. Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of 900/month per room. 8 common baths and 8 rooms have private baths. Adjacent 50 X 100 lot also for sale at 729,000. See Mls # 22229045. new stucco siding, 2 newer boilers and HWH. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment!

Listing Courtesy of Joseph Baumann, Berkshire Hathaway HomeServices Fox & Roach

features

cooling
Propane Heating

PROPERTY INFORMATION

Basement
Partial, Walk-Out Access
Garage Info
False
Heating
Steam
Parking Description
On Street
Sewer
Public Sewer
Water
Public

EXTERIOR

Roofing
Flat

INTERIOR

Flooring
Vinyl

ADDITIONAL INFORMATION

Number of Units
50

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach

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