Multi-Family $ 999,000

27 Spring Street

Freehold, NJ 07728

  • 5 Beds
  • 4 Baths
    Full Baths: 3 Half Baths: 1
  • 2,680 SqFt
  • 1905 Year Built
Exceptional investment opportunity in the heart of Freehold! This distinctive Victorian three-family property blends historic character with modern upgrades, offering strong, reliable income just steps from downtown shopping, dining, and schools.The property features three fully leased units with a solid rental history: two 1-bedroom, 1-bath apartments on the first and second floors, plus a spacious 3-bedroom, 1.5-bath residence spanning two levels. Each unit has their own private entrance and is equipped with its own washer and dryer, providing added convenience for tenants. Recent improvements enhance both value and appeal, including two beautifully remodeled kitchens with Corian countertops and stainless steel appliances, updated flooring, and a designer-renovated bathroom in the - largest unit. The entire home has been professionally painted, and exterior upgrades include refreshed landscaping and new lighting surrounding the private, paved parking area behind the home. Meticulously maintained by the current owner, this property preserves its original Victorian elegance -- from wide plank floors , soaring ceilings to intricate millwork and classic architectural details -- while delivering the modern updates today's tenants appreciate. A rare opportunity to own a turn-key, income-producing property in a prime location.
Listed by Real Broker, LLC- Red Bank

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Three Family

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 2, 680 sqft

    Price per Sqft $372

    Municipality Freehold Boro (FRB)

    MLS Listing ID 22604312

    Bedrooms 5

    Full Baths 3

    Half Baths 1

    Year Built 1905

    Annual Tax Amount $13,941

    Tax Year 2025

    Property Sub-Type Three Family

    Source MOREMLS (Monmouth Ocean Regional REALTORS®)

  • Location

    State NJ

    County Monmouth

    Area None

    Building/Complex Name None

    Direction Broadway to Spring

  • Rooms

    Basement Partial

  • Building

    Sewer Public Sewer

    Water Public

    Structure Type Lighting

    New Construction No

  • Interior

    Cooling Other

    Flooring Other

  • Exterior

    Exterior Feature Lighting

    Parking Features Off Street, None, Assigned

    Roof Type Shingle

    Garage No

    Private Pool No

  • Schools

    Middle Schools Freehold

  • Others

    Senior Community No

    Tax ID 16-00043-0000-00011

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CONTACT

Michelle Lorme
Michelle Lorme

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