$949,000
FOR SALE218 35th St S
Brigantine, Nj, 08203
MLS #NJAC2024150
Subdivision: None Available
Building: -
4 Beds
4/- Baths
1728 sqft
$ 549.19 /sqft
Prime Investment Opportunity Just Steps from the Beach x2013; Brigantine, NJWelcome to 218 35th St S, a rare income-producing duplex in the highly desirable Brigantine shore market. This fully furnished, two-story up-and-down property offers exceptional versatility for investors, vacation homeowners, or those seeking a smart 1031 exchange opportunity.Each unit features 2 spacious bedrooms and 2 full bathrooms, providing comfortable accommodations ideal for short-term or long-term rentals. Currently generating approximately $60,000 in annual revenue, this property already performsx2014;while still offering clear upside potential through rent increases and optimization.Situated just two blocks from the beach and within walking distance to local shops, dining, and conveniences, the location is a major draw for tenants and vacationers alike. Whether youx2019;re looking to expand your portfolio or secure a beachside asset with strong fundamentals, this property checks all the boxes.With an estimated land value alone of $750,000, this is not just a cash-flowing assetx2014;itx2019;s a long-term hold with redevelopment potential in one of South Jerseyx2019;s most sought-after coastal communities.Highlights:Two-story duplex (up/down configuration)Two 2-bed / 2-bath unitsFully furnished x2013; turnkey investmentApprox. $60K annual rental incomeValue-add opportunity with rental upsideWalk to shops, dining, and attractionsOnly 2 blocks to the beachStrong land value with future potentialIn-person showings will begin Saturday, June 6th.Donx2019;t miss your chance to own a high-performing shore investment in Brigantine.
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Listing Courtesy of: Real Broker LLC