INCREDIBLE OPPORTUNITY AT THE SHORE! Amazing investment, Offering 4 cottages with two separate lot and blocks. This tree lined street is just 4 blocks to the beach and boardwalk and close to restaurants and shops. There are 3, 1 bedroom/1 bath cottages and 1 studio cottage. Each have their own gas an electric meters and each lot has 1 water meter that is shared with the 2 cottages. All have tankless water heaters. Can be rented seasonally or annually!
Located East of Main Street this amazing property features not one, but two homes, offering an incredible opportunity for generating rental income just a mere five blocks away from the beach. Speaking of rental income, the back unit alone generates an impressive $60,000 annually, with a proven history of success on popular platforms like Air BnB. Additionally, the front unit has immense untapped potential, with an under utilized annual rent roll of $21,600. The front home is comprised of two bedrooms, a living and dining area, and a charming enclosed porch that adds an extra touch of tranquility. The rear house boasts a spacious living room, a cozy bedroom, a versatile bonus room, and a kitchen that showcases beautiful hardwood floors. The extra long driveway provides plenty of parking so you and your tenants will never have to worry about finding a spot! Imagine the convenience of living in such close proximity to the beach, while also enjoying the benefits of a steady rental income. Schedule your showing today and turn your dreams into reality!
Lake Como is located in New Jersey. Lake Como, New Jersey has a population of 1,746. Lake Como is less family-centric than the surrounding county with 26.93% of the households containing married families with children. The county average for households married with children is 34%.
The median household income in Lake Como, New Jersey is $75,924. The median household income for the surrounding county is $110,356 compared to the national median of $69,021. The median age of people living in Lake Como is 45.8 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 48.2 inches per year, with 24.6 inches of snow per year.