Opportunity knocks with one of the best money makers around. Once the Delmonte Hotel, but presently ran as a rooming house in an Ideal Location. Just outside of a redevelopment zone and 3 blocks to wonderful beaches and 3 blocks to hopping downtown on Cookman Ave. Prime location!!Over 11,000 sq feet with 52 rooms that are all occupied and rented at a minimum of $900/mo per room. 8 common baths and 8 rooms have private baths. New stucco siding, 2 newer boilers and HWH. Adjacent vacant 50 X 100 lot is included in the sale making the total property 100x100. Worth the effort to renovate and turn into a showcase or keep as it is and benefit from a great return on investment. Don't miss the chance to be a part of the exciting City by the Sea, Asbury Park!!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $3,299,000 | $293 | The Connolly Agency |
Elementary & Middle School Hope Academy Cs | 0.1 miles away | KG - 08 | |
Elementary School Thurgood Marshall Primary | 0.3 miles away | KG - 05 | |
High School Monmouth Cty Voc Tech High School | 0.7 miles away | 10 - 12 |