The best deal in Ocean Grove! You can live three blocks to the beach, steps to Main Ave, and a short stroll to Asbury Park. This recently renovated, historic building uniquely provides income from two first floor commercial spaces with a current rent roll that offsets your taxes and insurance. Compared to single family homes of this quality, size, and location, the value is undeniable. Rental income covering the carrying costs is the icing on the cake!
Now vacant and easy to show, the residential portion stuns with high ceilings on both levels, three bedrooms and three full bathrooms, a gas fireplace, updated kitchen, large living room and a bonus room. The basement is bone dry. The whole building is equipped with fire suppression.
Savvy buyers know this is a rare opportunity!
Property Features
Cooling Information
Central Air
Heating Information
Natural Gas
Water Features
Public
Basement
Unfinished
School Information
School Information for 54 Olin Street, Ocean Grove, NJ 07756