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25 W Pierson Avenue, Somers Point, NJ - Active
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For Sale: $619,000
Beds: 0     Baths: 0     Half Baths: 0
Type: Triplex
    DOM: 0 Days     MLS: 602986
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PROPERTY DESCRIPTION
Welcome to 25 W Pierson — a high-performing triplex on a quiet, desirable block just steps from the local school. This property features three well-laid-out units: a spacious 3BD/2BA, a 1BD/1BA, and a detached 2BD/1BA cottage, offering strong rental diversity and consistent demand. Currently generating over $60,000 in annual income, this asset presents a clear value-add opportunity with projected rents reaching nearly $70,000 annually through light updates and repositioning. Units are easy to lease due to the prime location, walkability, and stable tenant base in the area. Whether you’re expanding your portfolio or seeking a reliable, cash-flowing investment with upside, 25 W Pierson checks all the boxes: income, location, and long-term growth potential.
AMENITIES
  • Heating:Baseboard 

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0 Bedroom(s)   |   0 Bathroom(s)   |    For Sale: $619,000   |   MLS Number: 602986  |
  Property Type: Triplex
Provided by: Monihan Realty - www.monihan.com

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© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Monihan Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.

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