54 Olin Street new Save Request In-Person Tour Request Virtual Tour
Ocean Grove,NJ 07756
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,587 sqft
Price per Sqft $347
Subdivision Ocean Grove
MLS Listing ID 22534904
Style Historic,Custom
Bedrooms 3
Full Baths 3
Year Built 1910
Annual Tax Amount $20,152
Tax Year 2024
Lot Size 871 Sqft
Property Sub-Type Single Family Residence
Property Description
The best deal in Ocean Grove! You can live three blocks to the beach, steps to Main Ave, and a short stroll to Asbury Park. This recently renovated, historic building uniquely provides income from two first floor commercial spaces with a current rent roll that offsets your taxes and insurance. Compared to single family homes of this quality, size, and location, the value is undeniable. Rental income covering the carrying costs is the icing on the cake!
Now vacant and easy to show, the residential portion stuns with high ceilings on both levels, three bedrooms and three full bathrooms, a gas fireplace, updated kitchen, large living room and a bonus room. The basement is bone dry. The whole building is equipped with fire suppression.
Savvy buyers know this is a rare opportunity!
Location
State NJ
County Monmouth
Area Ocean Grove
Interior
Heating Natural Gas
Cooling Central Air
Flooring Wood
Fireplaces Number 1
Exterior
Exterior Feature Balcony
Roof Type Shingle,Flat
Building
Sewer Public Sewer
Water Public
Structure Type Balcony
Schools
Middle Schools Neptune