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    $749,900
    For Sale

    150 Magnolia Lane

    Middletown, NJ 07748
    2816 sqft | 3 beds | 1 bath | 0.50 acres | #22601868
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    150 Magnolia Lane
    Type:Purchase
    Structure:House
    Zone:Residential

    Description

    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.

    • Property Details
        • ZoningResidential, Single Family, Commercial, Mixed, Live-in Professional
        • Lot DescriptionBack to Woods, Dead End Street, Irregular Lot
        • StyleOther, Detached, Mother/Daughter, Colonial
        • InteriorAttic - Pull Down Stairs, Dec Molding
        • Parking FeaturesDirect Access, Unpaved
        • Property SubtypeSingle Family Residence
        • Elementary SchoolMIDDLETOWN VILLAGE
        • Exterior FeaturesControlled Access
        • Sewer InformationPublic Sewer
        • High SchoolMiddle South
        • Cooling FeaturesMulti Units
        • Property TypePurchase
        • Middle SchoolThompson
        • CountyMonmouth
        • MLS #22601868
        • Cost749900.0
        • MLS #22601868
        • RoofShingle
        • Square Feet2816.0
        • Utility SourcePublic
        • FenceFence
        • Year Built2007
        • FoundationSlab
        • Bathrooms1.0
        • Acres0.5
        • Cooling1
        • Bedrooms3
        • Full Baths1
        • Parking1

    Location

    Legal

    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property 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.

    Last Updated: Yesterday at 8:37 PM. Source: MONMOUTH

    Provided By
    Listing Agent: Viviana Mejia (#41050)
    Listing Office: Keller Williams Realty East Monmouth (#2809)

    Starlyn AriasReal Estate Group
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