14 LIGHTHOUSE DR Brigantine, NJ 08203

LOCATION LOCATION!!!

Welcome to 14 Lighthouse Drive, this is a multi-family property located in the popular beach town of Brigantine, New Jersey. The best part- BOTH UNITS ARE BEING SOLD TOGETHER FOR THE AMAZING PRICE OF 599K!

Within walking distance to the beach, this versatile residence presents an excellent opportunity for investors seeking a profitable rental income or those looking for a unique living arrangement as it is perfect for multifamily situations.

Recent sales of the updated similar property next door shows each individual unit selling for $570K/$575K this year. This truly is a great investment opportunity !!

This property is being sold in "as-is" condition with interior work and updating needed for both units (new kitchens, new baths and flooring). The properties will be a clean slate for someone to come in and make this their own!

The age of the “big ticket” items are as follows:
• Roof- approximately 12 years
• HVAC- approximately 12 years (Separate Central A/C units for each property)- heat has been converted to gas

The property is a great investment opportunity for those looking to buy at a good price and bring this diamond in the rough back to life. The property has great potential to be transformed into a stunning single-family home, accommodate out-of-town guests, have 2 rental properties or a combination of both. This is a great opportunity for someone looking to purchase a shore property for amazing value!

This property features two units, each offering comfortable living spaces. Both units have 3 bedrooms and 1.5 bathrooms. Each primary bedroom (on both floors) have access to a half bath with the Jack and Jill concept giving access to the full bath from both the hall and primary bedroom. There is potential to create a 2 bath unit by moving the washer/dryer to allow for a tub or shower.

The second unit offers a similar layout, has its own separate entrance, living area, kitchen, and bedrooms. This arrangement provides flexibility for renting out both units separately or using one as a guest suite or in-law apartment as each have their own private entrance.

Both units have a porch (1st floor) or deck (2nd floor) off the main living area. A great place to meet after spending the day at the beach.

With separate heating and cooling systems, each tenant can control their own comfort throughout the seasons. Additionally, there is ample parking available for residents and guests.

With the right vision and expertise, this property could be transformed into a beautiful home or a profitable investment. Don't miss this opportunity.

Buyers must do their due diligence as they will be responsible for the CO and any costs associated with it. The seller will not make any repairs.

The fence behind the property is in the process of being replaced by neighboring property. This will be completed within a few weeks.