Lincoln Terrace Properties

FOR INVESTORS CAP RATE over 10% with Short term licenseRE2 area allowed SHORT TERM rentals through license application four 2/1 unitsArt Deco District - Close to Lincoln rd. and Ocean Dr. - All services at walking distance

Updated 4-plex with RM-2 Zoning steps from the bay. Zoning permits for apart/hotel use, SHORT & long term rentals and land redevelopment. Updates include electric, plumbing, roof, central a/c, washer /dryer inside each unit, security system, bathrooms and fully equipped kitchens including built in microwaves, dishwashers and granite countertops. All units feature hardwood flooring and high ceilings. The area know as the Gilbert Fein District is unique with its cobblestone streets, and distinct street lighting. Lincoln Terrace dead ends at a Cul De Sac facing the Bay & boardwalk. Great Location!!!! with proximity to shops, restaurant and world famous Lincoln Road.