150 Magnolia Lane Middletown, NJ 07748

Other MLS #: 22601867 Courtesy Of Keller Williams Realty East Monmouth

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: 11-20 Years Old
  • Cooling System: Window Unit(s)
  • Floor Covering: Wood
  • Floor Covering: Tile
  • Floor Covering: Concrete
  • Floors: 2
  • MLSID: 22601867
  • Roof Type: Shingle
  • Rooms: Basement

MAP & DIRECTIONS

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150 Magnolia Lane, Middletown, NJ 07748
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