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150 Magnolia Lane
150 Magnolia Lane
150 Magnolia Lane
150 Magnolia Lane
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$749,900

150 Magnolia Lane

3 Beds 1 Bath 2,816 Sq.Ft. 0.5 Acres

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.

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Location

150 Magnolia Lane, Middletown, NJ 07748

Status

For Sale
Viviana Mejia

Viviana Mejia

Property Amenities

Interior
Flooring Carpet, Ceramic Tile, Wood
Total Bedrooms: 3
Full Bathrooms: 1
Other Interior Features Attic - Pull Down Stairs, Dec Molding
Area & Lot
Total area 2,816 Sq.Ft.
Lot Area 0.5 Acres
Living area 2,816 Sq.Ft.
MLS® ID 22601868
Year Built 2007
High School Middle South
Middle School Thompson
Elementary School Middletown Village
Architecture Styles Other, Detached, Mother/Daughter, Colonial
Type Residential
Status For Sale
Exterior
Stories 2
Air conditioning Multi Units
Heat type Electric
Water Source Public
Garage Space 4.0
Sewer Public Sewer
Other Exterior Features Controlled Access
Parking Direct Access, Unpaved
Lot Features Back to Woods, Dead End Street, Irregular Lot
Roof Shingle
Finance
Sales Price $749,900
Real Estate Tax $10,123 yearly
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Schedule a Showing

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Thank you for your interest in 150 Magnolia Lane, Middletown, NJ 07748. We are reviewing your request and will be in touch shortly!

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