Description
Welcome to Pelican Island! We are offering an exciting investment opportunity for individuals and builders looking to maximize their returns in the real estate market. The project involves the transformation of a single-family tear-down home into a two-family duplex, creating a multi-unit property for rental income or resale. Prime location in a great shore neighborhood. Minutes to all area beaches and attractions. Boasting its large 93 X 215 (Approx) oversized lot, the possibilities are endless. There are currently no water rights that come with the property, however, the bay borders the lot and could be leased from the state.
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1BEDS
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0.47ACRES
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1BATHS
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11/2 BATHS
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3,016SQFT
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$232$/SQFT
School Ratings & Info
Description
Welcome to Pelican Island! We are offering an exciting investment opportunity for individuals and builders looking to maximize their returns in the real estate market. The project involves the transformation of a single-family tear-down home into a two-family duplex, creating a multi-unit property for rental income or resale. Prime location in a great shore neighborhood. Minutes to all area beaches and attractions. Boasting its large 93 X 215 (Approx) oversized lot, the possibilities are endless. There are currently no water rights that come with the property, however, the bay borders the lot and could be leased from the state.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Data last updated 2023-12-09T18:22:35.497.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Kevin Zhong of Daniel Pujols Realty, Llc: (732) 474-7777.