Michael Loundy Sells Multifamily Property In Seaside Heights For $1.2M

38-40 Dupont Avenue in Seaside Heights is a multifamily property that was recently sold for $1,200,000. The property comprises two single-family houses and two additional apartments, offering a total of 5,000 square feet of space. Situated in a prime location near Seaside's new oceanfront amenities, this property is ideal for Airbnb-style rental income, making it a valuable investment or personal residence option in the Jersey Shore area.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Address: 38-40 Dupont Avenue
• Market: Seaside Heights
• Broker: Michael Loundy - Seaside Heights Realty
• Square Footage: 5,000
• Price per Square Foot: $240

Michael Loundy of Seaside Heights Realty facilitated the transaction of 38-40 Dupont Avenue. He played a key role in the sale of this multifamily property, showcasing his expertise and reputation in the real estate market of Seaside Heights.