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Sold in conjunction with MLS#1274295 which is a single family home on the same lot. Ideal family compound or 1031 Exchange opportunity. Enjoy this prime location within walking distance to Easton's Beach (First Beach), Sachuest Beach (Second Beach), and Easton's Pond as well the Middletown beach district which comprises trendy cafes, surf & bike shops, and restaurants. This three family is fully rented with yearly leases in place. Each unit has its own private outdoor space and entry. Unit 1 composes most of the second floor with spacious deck & water views. Unit 2 is townhouse style with updated kitchen cabinetry, granite countertops, and private yard. Unit 3 has its own front porch, updated kitchen, and large bedroom. All units have laundry and come with two parking spaces each. Lovely southwestern sunlight abounds in all the units. Potential for expansion in the untapped attic space. Wonderful grounds make entertaining easy and enjoyable. Engineering and development plans included with the sale for potential subdivision or condo conversion. (Approximate living square footage of the three family is 3000. Licensee estimated.)

Property Details of 291 Prospect AV, Paradise/Wolcott

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Listed by Newport Living Group of Lila Delman Real Estate

 

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