22 S Richards Ave Ventnor, NJ
$ 649,000
Property Attributes
  • MLS#538623
  • TypeMulti-Family
  • CountyATLANTIC
  • CityVentnor
  • AreaVentnor City
  • Zip08406
  • StyleTriplex
  • Price$ 649,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Property Description

This property is located 1.5 blocks from the beach with views of the ocean from the upper deck. The entire property was thoroughly updated approx. 12 years ago & features a total of 3 spacious two bedroom units. This property provides endless opportunities! Continue collecting the rental incomes from all 3 units or you could rent 2 units & use the 3rd vacant unit as your own summer getaway just a short walk to the beach. When fully rented this building brings in approx. $42000 annually on year leases. Rents have remained the same for years! Rent increases or converting to a weekly or seasonal summer rental could lead to higher annual income. Similar buildings on this street have gone through the condo conversion process & been sold individually. Buyer is responsible to do their own due diligence. The 1st floor has a private entrance, 1 full bath, kitchen & living room. The 2nd floor has 2 full baths, a kitchen, dining room, living room, large sun room, front & rear deck. The 3rd floor was updated in Dec. 2018. It is a 2 full bath unit with a front & rear deck. It has been painted thru-out, has new appliances, new carpet, many new lights, a sun room with views towards the ocean & a new water heater & a/c system. This unit also features kitchen, dining room & living room. All three units include: Refrigerator, Range, Dishwasher & Washer/Dryer. Kitchens, Dining rooms & bathrooms all offer tile floors! The roof was replaced approx. 4 years ago. 2 garages. Do not disturb occupants

Price History
6/30/2020 Listed $675,000
9/11/2020 4% - $649,000

General Features

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Garage One Car
Heating Forced Air, Gas-Natural
Listing Area Ventnor City
Sewer Public Sewer
Status Active
Status Active
Type Triplex
Water Public
Water Heater Gas
Year Built 1925

Interior Features

# of 2 Bedroom Units 3
# of Units 3
Air Conditioning Ceiling Fan(s), Central, Window Units
Other Rooms Dining Room, Florida Room, Kitchen, Living Room

Exterior Features

Exterior Aluminum, Stucco
Lot Dimensions 2275 SQFT
Outside Features Sidewalks
Separate Meters Electric, Gas
Storms/Screens Screens


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08406

AVG $510K
AVG 63
Year Built
AVG 1932
AVG 58
Data Provided by Walkscore ® not using MLS data

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