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240 Sherman Avenue, Seaside Heights, NJ, 08751

$699,000

4

Beds

3

Bathrooms

0

Building Sqft

0.05

Acres

2,178

Lot Sqft

About 240 Sherman Avenue

Exceptional investment opportunity awaits with this fully renovated 3-family property, ideally located at the Jersey Shore. Offering immediate cash flow and modern upgrades throughout, this is a true turnkey asset for both seasoned and first-time investors.
The front residence features two beautifully updated 1-bedroom, 1-bathroom units, each thoughtfully designed with contemporary finishes. The rear home offers a spacious 2-bedroom, 1-bath layout, perfect for maximizing rental potential or owner occupancy. Every unit has been meticulously upgraded with new flooring, stylish white cabinetry, stainless steel appliances, tankless water heaters, and energy-efficient heating & cooling systems. Additional enhancements include recessed lighting, ceiling fans, & sleek stand-up shower enclosures, delivering both comfort and modern appeal.
All three units are fully rented year-round, generating over $55,000 in annual income, making this an immediate income-producing property. Additional features include a convenient coin-operated washer and dryer, as well as dedicated storage for each unit. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this versatile property offers endless possibilities.

Features of 240 Sherman Avenue

MLS® #
22610008
Bedrooms
4
Bathrooms
3
Full Baths
3
Acres
0.05
Type
Multi-Family
Price
$699,000
Year Built
1946
Sub-Type
Three Family

Additional Features

Subdivision
None

Exterior

Lot Description
[]

Community Information

Address
240 Sherman Avenue
Subdivision
None
City
Seaside heights
County
Ocean
State
NJ
Zip Code
08751

Listing Information

Agent Name
Dawn Geraldi
Agent Office
Keller Williams Realty Ocean Living

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(718) 987-7900