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Sally Volpe Facilitates $1.55M Ship Bottom Multifamily Sale At 356 West 14th Street

Property Image
SOLD
$1,550,000

New Jersey

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MultiFamily1,692 SF
Sold 04/10/2024
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Property Image
SOLD

Sally Volpe Facilitates $1.55M Ship Bottom Multifamily Sale At 356 West 14th Street

356 West 14th Street

See Similar Deals
MultiFamily1,692 SF
Sold 04/10/2024
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$916
Total Square Footage:1,692 SF
Transaction Type:Sale

356 West 14th Street in Ship Bottom was sold for $1,550,000 through Diane Turton & Realtors. This multifamily duplex features two units with bay views, central air conditioning, and spacious layouts, offering a unique opportunity for personal use and rental income. The property also has the potential for subdivision and development, catering to families and visitors attending events at nearby yacht clubs, making it an attractive investment prospect in the waterfront community.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Units: 2
  • Price per Unit: $775,000
  • Square Footage: 1,692
  • Price per Square Foot: $916
  • Address: 356 West 14th Street, Ship Bottom
  • Market: Ship Bottom

The sale of 356 West 14th Street was facilitated by Sally Volpe from Diane Turton & Realtors, showcasing her expertise in closing deals within the Ship Bottom area. Sally worked diligently to ensure a smooth transaction for both parties involved, highlighting her commitment to client satisfaction and successful real estate transactions.

Players

Sally Volpe
1 deal$1.6M volume(609) 954-2716
BROKER

Details

SOLD
IMAGE: Sally Volpe DATE: 04/10/2024 ADDRESS: 356 West 14th Street MARKET: Ship Bottom ASSET TYPE: Multifamily BROKER: Sally Volpe (@SlVolpe) - Diane Turton & Realtors (@DianeTurton.Realtors) SALE PRICE: $1,550,000 UNITS: 2 ~ PPU: $775,000 SF: 1,692 ~ PPSF: $916 NOTE: 356 West 14th Street in Ship Bottom was sold for $1,550,000 through Diane Turton & Realtors. This multifamily duplex offers two units, each with bay views, central air conditioning, and spacious layouts ideal for entertaining, presenting a unique opportunity for both personal use and rental income. Additionally, the property presents a potential opportunity for subdivision and development, catering to families and visitors attending events at nearby yacht clubs, making it an attractive investment prospect in the waterfront community.

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Debt Service Coverage Ratio (DSCR)

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