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715 E 8th St, Units B,C,D&E

Ocean City, NJ 08226
  • $2,430,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 580180
UPDATED: 29 min ago
$2,430,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Fabulous FOUR (4) UNITS in this Multifamily/Mixed-Use Investment Opportunity can be purchased altogether in a 5-unit building. Each of these four units consists of brand newly renovated 2-Bed/2-Bath residential condos. MODERN, NEW & CHIC - ideally located just one short block from BEACH & BOARDWALK, plus pool privileges included! Each of these four beach vacation units (Units B, C, D & E) boasts brand-new white kitchen cabinetry, SS appliances, beautifully tiled baths, washer/dryer, hardwood floors throughout and large back deck - SIMPLY PERFECT BEACH CONDOS - and all are ready to go for Summer of 2024! Multifamily building already has NJ condo approval; units are also each listed for sale separately (Units B&C $599K each; Top Floor Units D&E $619K each; or as this 4-unit rental investment for $2.43M. Approved architectural plans, survey & draft master deed available upon request. As a bonus to the sale of residential units, seller will offer owner a contract for pool privileges for all owners, guests and prospective tenants directly across the street at the Forum Hotel and assigned parking for residential unit owners. Property offers SUPREME RENTAL INCOME POTENTIAL as its ideally located in the heart of Ocean City's cash cow hospitality zone, one block from the Ocean City Boardwalk and its white sandy beaches, and a few short blocks to Ocean City's bustling downtown shopping district. Fantastic multiple unit rental income investment opportunities in an incredible Jersey Shore vacation spot like this one doesn't come around often, so call us and ACT FAST!

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© 2024 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 2024-02-22T11:51:18.9.
www.oceancitynewjerseyhomes.com/homes/145692022
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715 E 8th St, Units B,C,D&E Ocean City, NJ 08226

  • Price: $2,430,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 29 min ago
  • MLS #: 580180
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
Fabulous FOUR (4) UNITS in this Multifamily/Mixed-Use Investment Opportunity can be purchased altogether in a 5-unit building. Each of these four units consists of brand newly renovated 2-Bed/2-Bath residential condos. MODERN, NEW & CHIC - ideally located just one short block from BEACH & BOARDWALK, plus pool privileges included! Each of these four beach vacation units (Units B, C, D & E) boasts brand-new white kitchen cabinetry, SS appliances, beautifully tiled baths, washer/dryer, hardwood floors throughout and large back deck - SIMPLY PERFECT BEACH CONDOS - and all are ready to go for Summer of 2024! Multifamily building already has NJ condo approval; units are also each listed for sale separately (Units B&C $599K each; Top Floor Units D&E $619K each; or as this 4-unit rental investment for $2.43M. Approved architectural plans, survey & draft master deed available upon request. As a bonus to the sale of residential units, seller will offer owner a contract for pool privileges for all owners, guests and prospective tenants directly across the street at the Forum Hotel and assigned parking for residential unit owners. Property offers SUPREME RENTAL INCOME POTENTIAL as its ideally located in the heart of Ocean City's cash cow hospitality zone, one block from the Ocean City Boardwalk and its white sandy beaches, and a few short blocks to Ocean City's bustling downtown shopping district. Fantastic multiple unit rental income investment opportunities in an incredible Jersey Shore vacation spot like this one doesn't come around often, so call us and ACT FAST!
Exterior Features

Garage None Location Beach BlockSee RemarksBoardwalk Area Lot Dimensions 75x40 Outside Features In Ground PoolDeckSidewalks Parking AssignedNone Siding Exterior Brick Storms Screens Insulated Glass Waterfront YN No

Interior Features

Air Conditioning Central Also Includes See Remarks Appliances DisposalDishwasherDryerGas StoveMicrowaveRefrigeratorWasher Basement Crawl Space Heating Forced AirGas-Natural Other Rooms Eat In KitchenKitchenLaundry/Utility RmLiving Room Water Heater Gas

Property Features

Adult Community /55+ No Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units Number Of Efficiency Units 1 Number Of2 Bedroom Units 4 Rental Information See Remarks Sale Or Rent For Sale Separate Meters Cable TVCoolingElectricGasHeatHot WaterSewerWater Sewer Public Sewer Suitable For Condo ConversionMulti Family + RoomsOther (See Remarks) Tax Year 2023 Taxes 1 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of Keller Williams Realty Jersey Shore-Ocean City: .


© 2024 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 2024-02-22T11:51:18.9.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226