249 40th St S Street Active Save Request In-Person Tour Request Virtual Tour
Brigantine,NJ 08203
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 591668
Bedrooms 2
Full Baths 2
Year Built 1969
Annual Tax Amount $5,715
Tax Year 2024
Property Description
This duplex is situated just 1.5 blocks from the exclusive 40th St. Beach and includes two beautifully remodeled units, each offering direct beach access and nearby public parking. Both Units A (downstairs) and B (upstairs) feature two bedrooms, one bathroom, and an open floor plan. Unit A has been totally renovated with brand new LVP flooring throughout, a bright and stylish kitchen with soft-close cabinetry, granite countertops, GE Café appliances, and a wine cooler. The bathroom has been tastefully upgraded with high-end fixtures and finishes. Unit B boasts hardwood floors, fresh paint, and a new sliding door off the kitchen leading to a large composite deck, perfect for relaxing and feeling the fresh ocean air. The countertops and stainless steel kitchen appliances are brand new! Also, there is a new custom walk-in tile shower in the bathroom. Even better, the unit is being sold fully furnished! Each unit has its own HVAC, electric, water, gas, and laundry, ensuring privacy and convenience for residents. The property also features a newer roof, siding, and a shared 1.5-car garage with the option to divide the space for storage - accessible through a rear terrace, offering private entry and flexible storage options. Ideal for the larger families looking for ideal shared space, which also offers the privacy of 2 separate condos; or extended families looking to purchase and enjoy summers together. You can also live in one and rent the other during the seasons. Each unit can potentially earn approximately $40k, conservatively, during summer season, and approximately $10k during the winter months. These numbers are estimates and not actual rent roll data, and are solely based on market data for short term rentals in the immediate location for 2 bed/1 bath condos, sleeping 4-6 guests with an average of $182/night year round; during summer the average night is $327/night, and $125/night during the winter. Please note: You are responsible to perform your own due diligence, the numbers provided are not actual rent-roll figures; however they are market data based on the Short Term Rental market in Brigantine NJ. Additional highlights include proximity to Acme, Wawa, restaurants, the community center, and Atlantic City for entertainment. Don't miss this opportunity to embrace the Jersey Shore lifestyle in a prime location!
Location
State NJ
County Atlantic
Community Brigantine
Area Brigantine City
Interior
Heating Forced Air,Gas-Natural
Exterior
Exterior Feature Brick Face,Vinyl
Parking Features One and Half Car
Building
Sewer Public Sewer
Water Public
Others
Senior Community No