Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
$3,200,000
SEA HOUSE APARTMENTS
Details
APN 2401-502-0020-000-4
Property Type Multifamily
Sub Type Apartment Building
Units 12
Year Built 1950-1952
Stories 2
Acreage 0.460
Zoning R-4A
Multifamily | 12 Units | $266,667/unit
Marketing description
· Discover a prime investment with this 12-unit multifamily apartments currently grossing $225,000 annually.
· The unit mix includes two spacious 2-bedroom/2-bathroom units, three comfortable 1-bedroom/1-bathroom units, and seven efficiently designed units.
· The strategic location along the Atlantic coast further adds value to the investment, as it positions the property within a desirable and sought-after destination. The potential for high rental demand, coupled with the picturesque surroundings, ensures not just a sound financial investment but also an opportunity to capitalize on the growing market for vacation rentals.
Listing Contacts
Listed by Jeremiah Baron & Co. Commercial Real Estate LLC
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