Welcome to your ideal investment opportunity in the heart of Red Bank! This spacious three-family property boasts an unbeatable location, offering both convenience and charm.
The highlight of this property is the well-appointed one-bedroom unit on the second level, which has been thoughtfully converted from two bedrooms to maximize space and comfort. Inside, you'll find a warm and inviting atmosphere complemented by beamed ceilings, granite counters, and a cozy gas fireplace. French doors lead out to a private rooftop deck, perfect for enjoying the sunshine and taking in the views.
On the ground level, you'll discover two separate one-bedroom units, each featuring hardwood floors and high ceilings. Unit 1 also offers a porch space and in unit washer/dryer. The oversized garage provides ample space for parking and storage, with individual lockers for each tenant to keep belongings secure.
Investment-wise, this property offers a lucrative opportunity with all units separately metered and tenants responsible for their own utilities. Whether you're looking to live in one unit while collecting rental income from the others or seeking a pure investment venture, this property is primed for success.
Location is key, and this property doesn't disappoint. Situated just blocks away from Red Bank's vibrant restaurants, parks, and entertainment options, residents will enjoy easy access to everything this lively community has to offer.
Don't miss out on this chance to own a piece of Red Bank's thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional property!
Sold for $980,000 on 12/13/24
$980,000
64 Wallace Street, Red Bank, NJ 07701
3beds
2,652sqft
Multi Family
Built in 1907
-- sqft lot
$1,106,900 Zestimate®
$370/sqft
$4,044 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 19, 2025 at 07:18pm
Listed by:
Joseph York 848.207.1495,
Weichert Realtors-Spring Lake
Bought with:
Dorothy A Whitehouse, 9588428
Sourlis Intl Realty Corp
Source: MoreMLS,MLS#: 22415332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
Interior area
- Total structure area: 2,652
- Total interior livable area: 2,652 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Stories: 2
Lot
- Size: 4,791 sqft
- Dimensions: 40 x 120
Details
- Parcel number: 3900048000000015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Red Bank
- Subdivision: None
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,106,900
2% more+$22,138
With Zillow Showcase(estimated)$1,129,038