Prime, multi-family rehab opportunity in highly desirable Lawrence Village. This is a location, location, location investment property. It's a distressed, but lucrative 3700+ sq ft, 2-story Victorian-style rental. 8 apartments—two, 2-bedroom apartments; two, 1-bedroom apartments; four studios. Total 10 bedroom, 8 bathrooms. Apartments are individually metered for gas and electric. 8 boilers, radiator heating. No A/C. Mostly double pane windows.
Double lot approved for NC-1 zoning. Commercial on bottom floor, residential on second, but home has been fully residential. It's now vacant. There's potential to build a second home on the 0.54-acre lot.
Information Source: Monmouth Ocean Regional REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Updated: 29th November, 2023 5:19 PM (UTC)