192 33rd Street

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192 33rd Street

Avalon, NJ 08202
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 192 33rd Street in Avalon
  • Asset features a total of two residential rental units
  • Located within the coastal market of New Jersey ZIP 08202
  • Property is currently offered for sale to prospective investors
  • Positioned near regional thoroughfares throughout Cape May County

What's Special

This multifamily apartment building contains two individual units and is situated in Avalon, New Jersey. The property at 192 33rd Street benefits from its position in a well-established coastal community, which remains a consistent draw for residents and seasonal visitors alike. Avalon offers a distinct seaside character defined by its quiet residential neighborhoods and proximity to pristine shoreline, serving as a popular destination within the broader South Jersey market. Investors may find utility in the property for long-term rental income or potential seasonal leasing strategies common to this region. Given the current configuration, the site accommodates a low-density living arrangement suitable for small households seeking access to the local amenities and the beach environment of the barrier islands. Its location provides straightforward access to regional thoroughfares, supporting connectivity for those traveling throughout Cape May County and beyond.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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