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1148 First Avenue, Avalon, NJ - SOLD - 10/01/2020

MLS: 202532
Beds: 3
Baths: 1
    
Type: Single Family
Lot: 1 to 6000 SqFt      
DOM: 77 Days

Fantastic opportunity to own a single-family home in a premier north-end location that is close to the beach, the jetty, the park with playground, basketball, pickle ball and tennis courts, and a pleasant bike ride or walk into town. 1148 First Avenue is a 3 bedroom, 1.5 bath single family home with an over-sized in-ground pool situated on a 50' x 110' lot. Additional amenities of the home include off-street parking for up to 4 cars, enclosed outdoor shower, fenced in rear yard patio, and in-door fireplace for chilly fall nights. The property currently generates almost $60,000 in summer rental income! The purchase of this home offers three options 1) enjoy the current one-story home with over-sized pool and large outdoor patio space 2) rent the property during the Summer and use it during the off-season. At current mortgage rates, the property will generate positive cash flow in the first year or 3) create a new beach home with 3,800 square feet of living space. The large pool with grandfathered setbacks provide a significant advantage over other new-build opportunities currently on the market. Don't miss this unique opportunity to own a home in paradise!

AMENITIES

  • Dishwasher   
  • Dryer   
  • Microwave Oven   
  • Range   
  • Refrigerator   
  • Self-Clean Oven   
  • Smoke/Fire Detector   
  • Washer   
  • Cable TV   
  • Deck   
  • Fenced Yard   
  • Grill   
  • Outside Shower   
  • Patio   
  • Sidewalks   
  • Storage Building   
  • Den/TV Room   
  • Dining Area   
  • Kitchen   
  • Laundry/Utility Room   
  • Living Room   
  • Recreation/Family   
  • Heating:Gas Natural   
  • Heater:Gas- Natural  
  • Fireplace- Gas  
  • Smoke/Fire Alarm  
  • Tile Flooring  
  • Wall to Wall Carpet  
  • Cooling:Central Air Condition  
  • City  
  • Ranch  

PROPERTY LOCATION / MAP
Last Database Update:10/22/2020

Let DILLER FISHER REALTORS be your buyer agent for this listing. Listing is provided by BERKSHIRE HATHAWAY HS FOX & ROACH - AV. 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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1148 First Avenue, Avalon, NJ - SOLD - 10/01/2020

Beds: 3 /
Baths: 1 /
Single Family

Lot: 1 to 6000 SqFt /
DOM: 77 Days
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