stone-harbor-avalon-real-estate Office: 609.368.9100     Toll Free: 877.314.2726     Email:
Berkshire Hathaway HomeServices Fox & Roach REALTORS - The Hugh Merkle Team

329 43rd Place, Sea Isle City NJ - ACTIVE

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For Sale: $995,000
Beds: 0     Baths: 0     Type: Commercial/Industrial     Lot: 50X95     Taxes: $6,793    MLS: 175129
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Unique investment property located in the heart of downtown Sea Isle City directly on the water. This property is currently being used as a rental property bringing in $41,000 per year. The building consists of two first floor garages, a store front, and a second floor three bedroom residential unit with one full bath and a powder room. This bay front property also offers the possibility of four boat slips which could increase the rental income potential. Comparable boat slips are being rented at a cost of $1,600 per slip for the season. This property also offers many future development possibilities including building a new side-by-side townhouse unit or purchase together with the neighboring property at 333 43rd Place to explore building a first floor restaurant or retail space and five units above. The options are endless and the current property is the excellent income producing investment until your plans are finalized or use the property as/is and enjoy a bay front location within walking distance to all of the great amenities Sea Isle has to offer.
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Last Database Update: 02/26/2018-02:00:03AM
Let The Hugh Merkle Team be your buyer's agent for this listing. LISTING IS PROVIDED BY BERKSHIRE HATHAWAY HS FOX & ROACH sh. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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609.368.9100     374 96th St, Stone Harbor     Email:
The Hugh Merkle Team, 374 96th Street, Stone Harbor, New Jersey 08247. Berkshire Hathaway HomeServices, Fox & Roach REALTORS.
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