Pending

27 Spring Street

Freehold, NJ 07728

$999,000 $4,211/Mo

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Overview

Bed

Bath

Description

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 - larg est 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.

Property Details

Property Type : Residential Income

Price : $999,000

AD Id : 75478134

MLS Id : 22604312

Beds : 5

Year Built : 1905

County : Monmouth

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Other
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Gas Water Heater
Heating & Cooling

Has Cooling: Yes Cooling: Other

Building Information

Year Built: 1905 Building Area Total: 2680 Construction Materials: Other Stories: 2 Private Pool: No
Exterior Features

Exterior Features: Lighting

Property Information

Subdivision: None Source Property Type: Residential Income MLS Area Minor: Freehold Boro (FRB) Zoning Description: Residential Property SubType: Triplex Property Age: 121

Listing Price Information

Listing Price: $999000 Cash, Conventional

Tax Information

Parcel Number: 16-00043-0000-00011 Tax Lot: 11 Tax Block: 43 Tax Year: 2025 Annual Tax: $13941

Parking Information

Off Street, None, Assigned

School Information

Elementary School:

Junior High School: Freehold

Senior High School:
Location Information

Direction: Broadway to Spring WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
11 Hull Avenue, Freehold, NJ, 07728	$535,000	4	2	--
5 W Main Street, Freehold, NJ, 07728	$4,000	--	--	--

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 03:09

MLS: 22604312 LISTED BY: Michelle Lorme, Real Broker, LLC- Red Bank 855-653-6723 SOURCE: Monmouth Ocean Regional Multiple Listing Service