27 E Pierson Ave Active Save Request In-Person Tour Request Virtual Tour
Somers Point,NJ 08244
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 596234
Bedrooms 2
Annual Tax Amount $5,872
Tax Year 2024
Property Sub-Type Duplex
Property Description
Investor's Dream or Live-In Opportunity – Duplex at 27 E Pierson Ave! Welcome to this well-maintained duplex located in a desirable neighborhood, offering both solid rental income and future potential. This property features two spacious units: Unit 1: 1 Bedroom, 1 Bathroom. Unit 2: 3 Bedrooms, 1 Bathroom Currently generating $4,000 /month in rental income, this property is a great opportunity for investors looking for strong cash flow, or for an owner-occupant seeking to live in one unit while renting the other. Additional highlights include: Ample off-street parking for tenants and guests Well-kept interiors with reliable tenants in place Excellent upside potential with a simple reconfiguration of the 2-bedroom unit Don't miss out on this versatile investment in a prime location! Brand new roof!! 7.25% CAP Rate
Location
State NJ
County Atlantic
Community Somers Point
Area Somers Point City
Interior
Heating Baseboard
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public