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Spanish Shore Triplex 2 x 3 Bed, 2 Baths + 1 BR

This charming Belmont Shore Spanish Duplex (plus a 3rd Unit above garage) was built in 1932 & would suit an owner/occupant or would make an savvy investor very happy! The main building has TWO bright and roomy 3 BEDROOM/2 BATH units w/ identical floor plans, ea about 1400 sf. Each has a living
room, formal dining room, indiv laundry room, & breakfast room that could be 4th bed, office, or--as one unit is now using it--as a master closet! Some of the unique touches are Art Deco tile, coved ceilings, faux fireplaces, wall sconces, chandeliers, glass knobs on doors, & a butler's pantry in the
breakfast room. In addition, there is an approx. 500 sf 1-BEDROOM/1-BATH sunny unit over the 3 GARAGES, rented as such since the 1940's. While not
included in the sq footage, it makes the CAP RATE much more favorable! This inviting income property is an easy walk to popular Belmont Shore's shopping & dining, the Belmont Pier, Belmont Pool, grocery stores and of course only 1/2 BLOCK TO THE OCEAN. Either of the 3-bedroom units would make a great owners' unit, and the income from the other units would allow for an economic way to live in the Shore! (Current rents are under market value.) 3 Garages=a Plus! Cap rate very favorable for this area! (See floor plan)

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