For Sale 2988 1st, Avalon, NJ, 08202

Opportunity to own a centrally located, well-maintained rancher a block from the heart of Avalon. This 4 Bedroom, 3 bathroom Single-Family home is well maintained and comes with a fabulous rental history under current Ownership. Purchase this move-in ready home as an investment property and take advantage of nearly $85,000 in gross rental income for the 2022 Season, or build here and walk to everything from your front door. This 50\'x110\' lot is less than 2 blocks from the beach, around the corner from downtown but far enough removed to enjoy solitude. This property is rented from beginning to end this Summer and has been rented solid since 2018. Contact the listing agent for any showings.

This beautiful three-story home features an inviting blend of luxury and coastal living, just steps away from the great Avalon beaches, Public Recreation and Town! The spacious 3,200+ square foot Floor Plan, offers ocean views, and features 5 bedrooms, 4 bathrooms, two Living Areas, a Pool and a Garage. You\'ll appreciate the abundant outdoor living space offering your choice of sun or shade from three decks and a huge pool & patio area! The First Floor offers a Family Room with a sliding door providing convenient access to the large covered deck, two spacious bedrooms, a hall bathroom, a wet bar with built-in cabinetry, a beverage fridge, ice maker, and prep sink, a Laundry Room, and a Garage. As you walk upstairs to the 2nd level, you are greeted with an inviting open layout with a soaring cathedral ceiling, a Living Room with a gas fireplace, a large Kitchen with plenty of cabinetry and counter seating for five, and a Dining Area. Multiple sliding doors offer access to your expansive deck, where you can enjoy ocean views while relaxing, sunning, or entertaining friends and family. You will also find two more bedrooms, one with its own private bathroom, and a hall bath. The Third Floor boasts a luxurious Primary Suite with a private bathroom and deck with ocean views that also overlooks your large pool. This home is not just a property, but a lifestyle! There\'s plenty of indoor and outdoor space for family and friends and the prime Park-n-Walk location is within walking distance to everything! Don\'t miss your chance to own this incredible home. Schedule your private showing today!

TRULY A RARE FIND! This beautifully renovated two-story townhome is being sold WITH the Commercial Unit below it! The rental income from the Commercial unit (a linen rental company) makes the property much more affordable! Depending upon the type of financing, the Commercial unit’s rental income pays an approximate $300,000 mortgage! So if you’re thinking about purchasing and renting the property to others, then this property offers you dual income ($70,000 Gross Rent; $44,000 in 2024 from the townhome PLUS $26,400 from the Commercial Unit)…OR ALTERNATIVELY…knowing that you have the income from the Commercial unit, you can spend more time enjoying the 7 Mile Island, and less time renting! The Commercial unit’s rent pays two years’ worth of your Annual RE Tax & Condo Dues! There is just one Condo Fee and one Tax Bill, but TWO units! The spacious townhome has been extensively renovated and features close to 1,700 square feet of living area with 3 bedrooms and 2 bathrooms! There’s also ample outdoor living space with a patio area at the Main Entry, a private deck off the Living Room offering vistas & sunsets, and a private sundeck off the Master Bedroom. The front & rear sliding doors open the path for refreshing breezes! The First Floor of the townhome offers an open Living/Kitchen/Dining Area, one Bedroom and one Bathroom. The Second-Floor features 2 Bedrooms and 1 Bathroom. The Master Bedroom has a sliding glass door for convenient access to the private sun deck! The Commercial Unit has also been extensively renovated. It offers close to 1,000 square feet with a Powder Room and front & rear entrances. There’s a large parking lot in the rear of the building. This is an ideal “Park-n-Walk” location in the heart of Avalon, and there’s only two streets to cross on the way to amazing beaches! This location also affords easy access to the boardwalk and Avalon’s Public Library (across the street). The boardwalk spans along the ocean about half a mile from 32nd Street to 21st Street, and it’s the perfect setting for a relaxing walk or an invigorating run! Also, at 29th and 30th Street and the beach, you will find the fantastic Summer Salt Restaurant, Avalon’s Surfside Park with restrooms, changing rooms, foot rinse stations for cleaning-up on the way back from the beach, ice cream, and a playground. Check with the Borough for a list all sorts of events happening at Surfside Park during the season. For the recreation-minded, at 32nd Street and 39th Street, you’ll find Public recreational facilities including a track, exercise stations and a basketball court. To end the day, it’s a short walk to 33rd Street and the bay, where the Public Dock is a great place to watch the sunset with your favorite beverage, or to fish, crab, or swim!