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507 a 9th

Ocean City, NJ 08226
  • $260,000
  • STATUS: Closed
  • ON SITE: 339 Days
  • MLS #: 561941
Sold - 11/01/2022
$260,000
SOLD - 11/01/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This is a fantastic opportunity for an investor located on the highest traveled location in Ocean City. The sale is for ground floor unit only. The listing has a business tenant with a "3 year lease" that started in Sept 2021. Monthly rent of $1800 for the 1st 12 months with a 3% increase in rent for the 2nd and 3rd years.

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© 2023 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 2023-03-25T15:50:09.517.
www.oceancitynewjerseyhomes.com/homes/127826465
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507 a 9th Ocean City, NJ 08226

  • Price: $289,000
  • Status: Closed
  • On Site: 339 Days
  • Updated: 75 min ago
  • MLS #: 561941
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
This is a fantastic opportunity for an investor located on the highest traveled location in Ocean City. The sale is for ground floor unit only. The listing has a business tenant with a "3 year lease" that started in Sept 2021. Monthly rent of $1800 for the 1st 12 months with a 3% increase in rent for the 2nd and 3rd years.
Exterior Features

Lot Dimensions 24 X 50

Property Features

Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Tax Year 2021 Taxes 1289

South Jersey Shore Regional MLS logo Listing information © 2023 South Jersey Shore Regional MLS.
Listing provided courtesy of Berger Realty-Main: .


© 2023 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 2023-03-25T15:50:09.517.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226