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Commercial > Other
Active
3 weeks ago
List Price
$2,195,000$321/ft²

88 92 Broad St
Keyport, NJ 07735

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  • 88 92 Broad St, Keyport, NJ 07735 is a 6,832 ft² property built in 1900 on a 0.140 acre lot. This property is currently listed for $2,195,000, and it was last sold in 2015 for $1,625,000.

    MLS Description

    The listing agent's description. Original Listing

    Tremendous investment opportunity in Monmouth County consisting of a mixed-use 4 commercial units and 6 residential units with a total rental income of $197K/year. The property is fully occupied with long-term tenants. The subject property includes two parcels of land. The first parcel is a two-story mixed use with 4 commercial and 4 residential tenants which also includes a 14-parking space private parking lot! The second parcel is a detached duplex apt, with 2 residential units, and a separate two car parking spaces. Many repairs and upgrades since we purchased this property! Surveillance system in place to remotely monitor and manage your investment. All utilities have been split, so each tenant pay their own. Except the rear home landlord pays water/sewer. The property address is 88-92 broad street, borough of Keyport. Asking price: $2.195M With an 7% to 8% Cap rate, and a roughly equal distribution of rental income between commercial and residential tenants, this property will not last on the market. The seller is willing to provide financing at an attractive rate (lower than commercial loans), with a 35% downpayment.

    Listing Agents

    The listing agent for 88 92 Broad St is Ronnie Glomb.

    Current Ownership

    Information about the current owner(s).

    Property History

    88 92 Broad St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Keyport.

    Market Trends

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    Copyright © 2024 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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