This well-located property in Neptune offers multiple income streams with strong tenancy in place. The building includes an owner-operated laundromat, along with three leased units: a convenience store, barber shop, and residential apartment. With high visibility, steady neighborhood traffic, and established leases, 1528 Monroe Ave presents an excellent opportunity for both investors and owner-operators seeking reliable cash flow in a proven location.
There is ample parking as well in the building.
Current Rent Roll
Convenience Store: $2,408.00
Barbershop:$1155.00
2-bedroom residential apartment: $1,575
Landlord pays sewer, but all other utilities are separated and paid by tenants.
Property Features
Cooling Information
Central Air
Heating Information
Forced Air
Water Features
Public
Basement
Other
School Information
School Information for 1528 Monroe Avenue, Neptune Township, NJ 07753
Elementary School
N/A
Middle School
Neptune
High School
N/A
Listing Courtesy: NJ Elite Group LLC - 732-523-0757