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124 E Groveland Dr, Somers Point, NJ 08244

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For Sale

$524,999

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

Opportunity to become a home owner and offset your mortgage with a second income producing unit! Don't miss out on this great opportunity ! First rental rate in this market is $2500 per month and the second floor value is $1500 per month in this rental market ... This duplex is located right over the bridge from Ocean City and Longport close to the bay and meadow in Somers Point ..close to restaurants, local beaches, shopping and more. The seller legally separated the all the utilities....the first floor features three bedrooms and one full bath with an amazing front sunroom that over looks the bay and meadow.. There was a yearly tenant in this unit the lease just ended and it is now empty ...the second floor features one large bedroom that could be separated and made into two bedrooms, one full bath with bay and meadow views, this unit is tenant occupied the tenant is paying $1100 per month plus utilities ... Make this your vacation getaway, air B and B or your permant address ..call today to show . Amazing rental history!!
MLS# 586606

Courtesy Of PRUDENTIAL FOX and ROACH-O144I

(609) 399-0041

Property Features

  • Amenities
    Basement
  • Appliances
    Dishwasher, Dryer, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Roof Type
    Unknown
  • Rooms
    Basement

Map and Directions

Directions to 124 E Groveland Dr, Somers Point, NJ 08244

Home seller CENTURY 21 Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance

(609) 399-5711
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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