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64 Wallace Street

Red Bank, NJ 07701
  • $1,250,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 22415332
UPDATED: 147 min ago
$1,250,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,652
    SQFT
  • $471
    $/SQFT
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Description

Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!

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© 2024 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated 2024-07-17T15:24:50.213.
www.baerhomes.com/homes/151187100
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64 Wallace Street Red Bank, NJ 07701

  • Price: $1,250,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 147 min ago
  • MLS #: 22415332
3
Beds
3
Baths
0
½ Baths
0.11
Acres
2,652
SQFT
$471
$/SQFT
1907
Built
County:
Monmouth
Area:
Red Bank (RED)
Property Description
Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm. The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views. On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure. Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success. Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer. Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!
Exterior Features

Garage YN Yes Unit1 Electric Meter Yes Unit1 Gas Meter Yes Unit2 Electric Meter Yes Unit2 Gas Meter Yes Waterfront YN No Waterview No

Interior Features

Basement Partial Cooling Central Air Cooling YN Yes Fireplaces Total 0 Heating Forced Air Heating YN Yes Unit1 Dryer Yes Unit1 Furnace Yes Unit1 Gas Stove Yes Unit1 Washer Yes Unit1 Water Heater Yes Unit2 Furnace Yes Unit2 Gas Stove Yes Unit2 Refrigerator Yes Unit2 Water Heater Yes

Property Features

Assessment Assessed Yes Pool No Property Sub Type Three Family Sewer Public Sewer Tax Annual Amount 17839 Tax Year 2023 Tenant Pays WaterSewerGasElectricity Water Heater Natural Gas Yes Water Source Public

Listing information © 2024 Monmouth-Ocean MLS. Listing provided courtesy of Joseph York of Weichert Realtors-Spring Lake: 732-449-8886.


© 2024 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated 2024-07-17T15:24:50.213.
 
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