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836-838 Wesley Ave

Ocean City, NJ 08226
  • $2,998,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 562108
UPDATED: 25 min ago
$2,998,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

836-838 Wesley Ave - Beautiful downtown turnkey rental machine. 2022 has OVER $217K booked so far- AND OVER $236k booked for 2021. Each house consists of 5 bedrooms 3 Bath and a bonus room that has been turned into a bunk room. With a total of 10 BR's (12 with bonus rooms) and 6 bathrooms. Newer construction- built in 2017. This house can sleep 34 people and is an absolute money maker with the summers completely booked and the shoulder season providing an excellent rental property for family reunions and multiple families wanting to vacation together. There is an interior staircase that connects the two houses. The rental income for 2022 is OVER $217K booked so far (as of 4/26/22) and there's plenty availability for the shoulder season still to book. This is an awesome investment property! Keep one house for yourself and rent the other and let the rental income pay for your beach house. This property sits the 2nd house in from the corner of 9th & Wesley. 838 has a private elevator. Hurry, with this kind of rental income, who wouldn't want this investment in their portfolio. Income/ Expense sheet attached in docs.

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© 2022 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 2022-05-17T16:50:30.377.
www.oceancitynewjerseyhomes.com/homes/127986538
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836-838 Wesley Ave Ocean City, NJ 08226

  • Price: $2,998,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 25 min ago
  • MLS #: 562108
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
836-838 Wesley Ave - Beautiful downtown turnkey rental machine. 2022 has OVER $217K booked so far- AND OVER $236k booked for 2021. Each house consists of 5 bedrooms 3 Bath and a bonus room that has been turned into a bunk room. With a total of 10 BR's (12 with bonus rooms) and 6 bathrooms. Newer construction- built in 2017. This house can sleep 34 people and is an absolute money maker with the summers completely booked and the shoulder season providing an excellent rental property for family reunions and multiple families wanting to vacation together. There is an interior staircase that connects the two houses. The rental income for 2022 is OVER $217K booked so far (as of 4/26/22) and there's plenty availability for the shoulder season still to book. This is an awesome investment property! Keep one house for yourself and rent the other and let the rental income pay for your beach house. This property sits the 2nd house in from the corner of 9th & Wesley. 838 has a private elevator. Hurry, with this kind of rental income, who wouldn't want this investment in their portfolio. Income/ Expense sheet attached in docs.
Exterior Features

Garage Attached GarageThree Or More Cars Location Historical District Lot Dimensions 38.4 By 120 Parking Three Or More Cars Siding Exterior BrickVinyl

Interior Features

Air Conditioning Central Heating Forced AirGas-Natural Water Heater Gas

Property Features

Approved Short Sale No Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type Duplex New Construction No Rental Information Seasonal Sale Or Rent For Sale Separate Meters ElectricGasSewerWater Sewer Public Sewer Suitable For Multi Family + Rooms Tax Year 2021 Taxes 13590 Water Public

Listing information © 2022 South Jersey Shore Regional MLS.
Listing provided courtesy of Realty Mark Advantage.


© 2022 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 2022-05-17T16:50:30.377.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226