Description
Turnkey investment opportunity in sought-after Crestwood Village 6, one of the few fee simple 55+ communities ideally situated between the beaches of Long Beach Island and within easy reach of both New York City and Philadelphia.153-A Sunset Drive offers a rare chance to acquire a well-maintained property with a tenant already in place for the next 17 months at $1,080/month, providing immediate cash flow and reliable income from day one. With annual taxes of $3,510 and a low $146/month HOA, this property delivers a cap rate of approximately 6.2% (cash purchase) " a solid return in a stable rental market.Perfect for investors seeking steady income or future downsizers who want to lock in a property now at a steep discount and enjoy rental income while planning their next move.Crestwood Village 6 offers an active adult lifestyle, convenient amenities, and easy access to major highways, shopping, and the Jersey Shore. Dont miss this unique combination of affordability, security, and long-term upside in one of Ocean Countys most desirable 55+ neighborhoods.
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1BEDS
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0.12ACRES
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1BATHS
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01/2 BATHS
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1,009SQFT
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$124$/SQFT
School Ratings & Info
Description
Turnkey investment opportunity in sought-after Crestwood Village 6, one of the few fee simple 55+ communities ideally situated between the beaches of Long Beach Island and within easy reach of both New York City and Philadelphia.153-A Sunset Drive offers a rare chance to acquire a well-maintained property with a tenant already in place for the next 17 months at $1,080/month, providing immediate cash flow and reliable income from day one. With annual taxes of $3,510 and a low $146/month HOA, this property delivers a cap rate of approximately 6.2% (cash purchase) " a solid return in a stable rental market.Perfect for investors seeking steady income or future downsizers who want to lock in a property now at a steep discount and enjoy rental income while planning their next move.Crestwood Village 6 offers an active adult lifestyle, convenient amenities, and easy access to major highways, shopping, and the Jersey Shore. Dont miss this unique combination of affordability, security, and long-term upside in one of Ocean Countys most desirable 55+ neighborhoods.
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