$1,399,000
Welcome to 28 Norwood Avenue, a fully renovated 4-family investment property in Long Branch. Renovated in 2023, the property features updated kitchens and bathrooms, vinyl flooring, recessed lighting, updated plumbing, a new roof, HVAC systems, and four individual water heaters. The property includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit,… Read More generating $10,070 in gross monthly rent. Each unit is separately metered for gas and electric, which are tenant-paid. Additional features include individual heating and cooling systems and a two-car driveway. A strong turnkey opportunity for investors seeking an updated multifamily asset with in-place income. To schedule a showing, please call or text agent. Use showingtime. Appointment requires 24 hour notice for tenants. Read Less
Courtesy of Victor Gheriani, Beba Realty, LLC.
Listing Snapshot
Days Online
66
Last Updated
Property Type
Four Family
Beds
7
Full Baths
4
Lot Size
0.14 Acres
Year Built
1910
MLS Number
22627072
Additional Details
Basement
Partial
Building
Built in 1910, Construction Materials: Aluminum Siding
Cooling
Central Air, Multi Units
Expenses
Insurance: $2,700, Water/Sewer: $1,440, Other Expense: $3,600
Floors
Vinyl
Garage
1 spaces
Heating
Forced Air
Income
Gross Income: $120,840
Lot
0.14 acres, Dimensions: 50 x 126, Corner Lot
Owner Pays
Grounds Care, Water, Sewer, Garbage Removal
Parking
2 total parking spaces, Paved, Common, Detached
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 27-00240-0000-00006, Annual Amount: $13,000, Other Annual Assessment: 852000.0, Year: 2026, Zoning description: Single Family, Residential, Multi-Family
Tenant Pays
Heat, Gas, Electricity
Utilities
Water Source: Public
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