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816 Wesley

Ocean City, NJ 08226
  • $2,000,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 556303
UPDATED: 17 min ago
$2,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1891
County:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY AWAITS. This beautiful Ocean City Victorian multi-family home was carefully restored in 2019. Take advantage of the annual income of approximately $150,000 including the seasonally rented main house that and live offers six bedroom, three full bath and one half bath and collecting additional rent from the established yearly tenants in the five additional apartments. There are three apartments in the lower floor of the main house and a beautifully restored cottage at the rear of the property. The cottage has two apartments with yearly tenants in place. In the main home, enter the upper via the expansive and airy front wrap-around porch. The beautiful formal entry reflects the home's vintage character in the extensive woodwork, fixtures, staircase and hardwood floors. Past meets present in the tastefully designed interiors with glass doorknobs, new vintage switch plates, classic furniture pieces and stainless steel appliances, full baths with custom tile, granite and glass-enclosed bathing areas. Mechanicals are sound with a new heating-boiler unit recently installed; most of the windows have been replaced. Known as "The Painted Lady" and The Thomas S. Simmon's House, 816 Wesley Avenue presents a one-of-a-kind property suitable as both personal residence and investment.

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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 2021-10-27T20:49:53.633.
www.oceancitynewjerseyhomes.com/homes/122225078
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816 Wesley Ocean City, NJ 08226

  • Price: $2,000,000
  • Status: Active
  • Updated: 17 min ago
  • MLS #: 556303
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1891
Built
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
INVESTMENT OPPORTUNITY AWAITS. This beautiful Ocean City Victorian multi-family home was carefully restored in 2019. Take advantage of the annual income of approximately $150,000 including the seasonally rented main house that and live offers six bedroom, three full bath and one half bath and collecting additional rent from the established yearly tenants in the five additional apartments. There are three apartments in the lower floor of the main house and a beautifully restored cottage at the rear of the property. The cottage has two apartments with yearly tenants in place. In the main home, enter the upper via the expansive and airy front wrap-around porch. The beautiful formal entry reflects the home's vintage character in the extensive woodwork, fixtures, staircase and hardwood floors. Past meets present in the tastefully designed interiors with glass doorknobs, new vintage switch plates, classic furniture pieces and stainless steel appliances, full baths with custom tile, granite and glass-enclosed bathing areas. Mechanicals are sound with a new heating-boiler unit recently installed; most of the windows have been replaced. Known as "The Painted Lady" and The Thomas S. Simmon's House, 816 Wesley Avenue presents a one-of-a-kind property suitable as both personal residence and investment.
Exterior Features

Driveway Concrete Garage None Lot Dimensions 120X44 Outside Features DeckOutside ShowerPatioPorchRecreation AreaSidewalksSprinkler System Parking Two Car Siding Exterior Cedar

Interior Features

Air Conditioning Ceiling Fan(S)ElectricWall UnitsWindow Units Also Includes Furnished Appliances DishwasherDryerElectric StoveMicrowaveRefrigeratorWasher Heating Radiator Other Rooms Breakfast NookDen/Tv RoomDining RoomEat In KitchenKitchenLaundry/Utility RmLiving Room Water Heater Gas

Property Features

Age Range 25+ Years Approved Short Sale No 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 Of1 Bedroom Units 2 Number Of2 Bedroom Units 1 Number Of3 Bedroom Units 1 Rental Information SeasonalYearly Sale Or Rent For Sale Separate Meters ElectricGasSewerWater Sewer Public Sewer Suitable For Multi Family + Rooms Tax Year 2020 Taxes 5713 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Goldcoast Sotheby's International Realty.


© 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 2021-10-27T20:49:53.633.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226