Located on a quiet dead-end street, this unique property features 4 separate structures, ideal for investors or owner-occupants with a home-based business. Single family home is currently rented for $3,060 and features 3-beds, 1-bath, updated kitchen, attached garage, and a private fenced in yard. The rear cottage offers potential to be a Mother Daughter, or ADU (Accessory Dwelling Unit), uses are subject to municipal approval. This property also features a separate structure currently used as a kennel, and 2 detached garages rented for $500 a month that brings in additional income. The 2 Sheds offer plenty of storage for all you needs. See below for more information regarding property type and zoning. Private setting with minimal traffic and strong long-term upside. Income-producing property currently used as mixed-use, though zoned R22, a residential zone with certain permitted uses; buyer to perform due diligence.
Priced to sell an exceptional opportunity for an owner-occupant to enjoy private living while exploring additional income possibilities. Buyer to perform all due diligence regarding zoning, permitted uses, ADU approval, and future development.
Property Features
Parking
Direct Access
Unpaved
Attached
Cooling Information
Ceiling Fan(s)
Multi Units
Heating Information
Electric
Water Features
Public
Garage
1
School Information
School Information for 150 Magnolia Lane, Middletown, NJ 07748
Elementary School
Middletown Village
Middle School
Thompson
High School
Middle South
Listing Courtesy: Keller Williams Realty East Monmouth - 732-704-4033