About 69 Washington Street
Capitalize on this rare opportunity to own a 6-family multifamily property in the heart of dynamic Red Bank, NJ. With rents currently below market levels, this property offers substantial potential to increase revenue through strategic rent adjustments, making it an ideal value-add investment. Nestled in the vibrant Red Bank community, tenants enjoy walkable access to the NJ Transit train station, trendy bars, exceptional restaurants, and the town's lively cultural scene. A significant Netflix Studio development project is poised to elevate Red Bank's allure, further boosting tenant demand and long-term property value. Don't miss this chance to invest in a high-potential multifamily asset in one of New Jersey's most sought-after markets!
Features of 69 Washington Street
| MLS® # | 22530894 |
|---|---|
| Price | $1,299,900 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 2,631 |
| Acres | 0.15 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Six Family |
| Status | Active |
Community Information
| Address | 69 Washington Street |
|---|---|
| Area | Red Bank (RED) |
| City | Red Bank |
| County | Monmouth |
| State | NJ |
| Zip Code | 07701 |
Amenities
| # of Garages | 1 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Other |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
School Information
| Elementary | Red Bank Prm |
|---|---|
| Middle | Red Bank |
| High | Red Bank Reg |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Ralph Patrone |
|---|---|
| Office | David DePaola and Company RE |