Well maintained TRIPLEX with TRANSIT- ORIENTED (TO) zoning on corner lot is a GREAT INVESTMENT OPPORTUNITY in developing East Atlantic Blvd corridor. TO zoning accommodates moderate- to high-intensity, compact, mixed-use development within walking distance to newly revitalized Atlantic Blvd with bustling new restaurants, bars and shops. This property is currently earning $6,000 in monthly gross rental income on month-to-month leases and within short 1-mile walk to beach! New roof (2022), landscaping, irrigation, exterior light fixtures, and 6 paved parking spaces. Each unit is 2/1, with new central A/Cs (2020/2021), newer water heaters, storm shutters, independent laundry/utility rooms with washer/dryer hook-ups. Tenants have been in place for ~10 years - please do not disturb them.

Listing courtesy of Coming Home Realty



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc. (a Matrix feed)