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1048 Asbury Ave

Ocean City, NJ 08226
  • $1,325,000
  • STATUS: Active
  • ON SITE: 133 days
  • MLS #: 548204
UPDATED: 27 min ago
$1,325,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Six unit building (1 store and 5 residential units) in Prime Downtown Ocean City. This building has been almost 100% renovated since 2013. These exterior renovations include a new foundation, windows, doors, siding (in some areas), fiberglass deck, railings and separate electric meters. Additionally the store and four of the five residential units have been gutted down to the studs. The four renovated residential units have new kitchens, bathrooms, electric, plumbing, insulation, doors and flooring. This building is scheduled to generate $6,225 per month or $74,700 in 2021.

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© 2021 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-07-24T13:49:53.143.
www.oceancitynewjerseyhomes.com/homes/115033360
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1048 Asbury Ave Ocean City, NJ 08226

  • Price: $1,325,000
  • Status: Active
  • Updated: 27 min ago
  • MLS #: 548204
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
Six unit building (1 store and 5 residential units) in Prime Downtown Ocean City. This building has been almost 100% renovated since 2013. These exterior renovations include a new foundation, windows, doors, siding (in some areas), fiberglass deck, railings and separate electric meters. Additionally the store and four of the five residential units have been gutted down to the studs. The four renovated residential units have new kitchens, bathrooms, electric, plumbing, insulation, doors and flooring. This building is scheduled to generate $6,225 per month or $74,700 in 2021.
Exterior Features

Garage None Lot Dimensions 30' X 100' Outside Features PorchSidewalks Parking None Siding Exterior AsbestosMasonry/BlockStoneVinyl Storms Screens Insulated GlassScreens

Interior Features

Air Conditioning CentralWindow Units Appliances DishwasherDisposalDryerElectric StoveRefrigeratorSelf Cleaning OvenWasher Basement Slab Heating BaseboardElectricForced AirGas-NaturalMulti-Zoned Water Heater Electric

Property Features

Age Range 25+ Years Approved Short Sale No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units New Construction No Number Of1 Bedroom Units 1 Number Of2 Bedroom Units 4 Rental Information 100 Percent OccupancyYearly Sale Or Rent For Sale Separate Meters ElectricGasWater Sewer Public Sewer Suitable For Other (See Remarks) Tax Year 2020 Taxes 5676 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Marr Agency.


© 2021 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-07-24T13:49:53.143.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226