401 Myrtle Ave, Neptune, NJ 07753

Excellent invesment! This 3-family property situated on a large corner lot consists of a front house with a 3-bedroom/1 bath apartment on the first floor and a 2-bedroom, 1 bath apartment on the second floor. The rear stand-alone house has 3 bedrooms, 1-1/2 baths. All apartments are in good to excellent condition. The rear house was completely renovated in 2023, with a new roof and water heater installed in 2024. Both apartments in the front were renovated within the last five years and have hardwood floors. The property is situated on a large corner lot in an up-and-coming section of Neptune Township, under a mile from the Asbury Park border. The units are fully occupied with good tenants who pay on time. The annual rent roll is $65,400. Annual expenses are $13,803, for a gross annual income of $51,597. For complete income/expense breakdown text your email address to 908-399-6031.