37 16TH ST Surf City, NJ 08008

Desirable northern Surf City 5 bedroom/2 full bathroom dutch colonial situated on a 60x100 lot and located just five houses from this beautiful 16th Street beach. This property has been lovingly maintained over the years and is in move-in condition. This property boasts a tremendous rental history and has grossed $50,800 in 2016 and $53,600 in 2017. The rent/purchase price ratio is OUTSTANDING on this property! There are currently 25 rental reservations in place for 2018 with the potential for more! The two living areas and bedrooms attract lots of natural light. Hardwood floors lead to a gorgeous updated kitchen with granite counter tops and high quality cabinetry, and the Florida room at the back of the home is a great space for entertaining. The hot tub in the back yard is a great way to share a drink and some laughs with family and friends. 16th Street is close to all of the best attractions in Surf City, including the Northside Bar, Shore Fire Grill, Rita's Water Ice, etc.,Make your LBI dreams a reality and come view this gorgeous home today! Priced to sell! This property falls into that rare category of the highly desirable "20 times rent ratio"! Earn approximately 5% back on your investment every year, with the potential for even more income with slight tweaks on the rental price!