NJ
Ocean
Seaside Heights
08751
240 Sherman Avenue 3
240 Sherman Avenue 3, Seaside Heights, NJ 08751
Share Listing
Listing Type
Multi Family
Listing Status
Active
22
$715,000

Home Details for 240 Sherman Avenue 3

Price
$715,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Year built
1946
Lot size acres
0.05
County
Ocean
Basement
Crawl Space
MLS Listing#
22610008
Property Description

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.

Property Features
  • Parking
    • On Street
    • None
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Basement
    • Crawl Space
Listing Courtesy: Keller Williams Realty Ocean Living - 848-241-6955
Presented by: Dawn Geraldi
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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EXIT REALTY EAST COAST SHIRVANIAN
964 Broadway, West Long Branch, NJ 07764
Kim Graham
License #: 0342601
Sales Rep.
Office
732 229 8700
Agent
732 567 4001
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