Pending
64 Wallace Street
Red Bank NJ, 07701
$1,049,000
$395.55 per sqft
Pending
3 Beds
3 Baths
2,652 sqft
Multi-family
Built in 1907
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!
22415332
MLSⓇ ID
May 31, 2024
Listed
November 22, 2024
Updated
Map
64 Wallace Street
Red Bank NJ, 07701
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.11 Acres
Sewer
Public Sewer
Other Property Details
Area Name
None
Taxes
$17,839
Tax Frequency
Annually
Days on Market
153
Garage
Yes
Garage Spaces
3
View
No
County
Monmouth
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Pending | — |
9/16/2024 | Price change | $1,049,000 -5% |
8/28/2024 | Price change | $1,095,000 -5% |
7/19/2024 | Price change | $1,149,000 -9% |
Courtesy of Weichert Realtors-Spring Lake with Joseph York,
Listing Contact: 848.207.1495
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Data last updated 12:56 PM UTC, 11/22/2024