Description

RARE BEACH BLOCK OPPORTUNITY! Exceptional multi-unit BEACH BLOCK compound in Ocean City's highly sought-after North End. This beautifully maintained property offers (2) x 3 bedroom, 2 bathroom units up front and a (1) x 1 bedroom, 1 bathroom rear unit. That's (3) separate units for your large family or to add to your rental portfolio! All the units are in great shape but cosmetic upgrades made over the last few years vary unit to unit. Tons of off-street parking, plenty of secure storage, an outdoor hangout and grilling area and did I mention it's on the BEACH BLOCK? Being offered fully furnished and turn-key, this property comes with a strong lineup of summer rentals, making it an outstanding investment opportunity with estimated rental potential of over $175,000!! Location is everything, and this one delivers being just 8 homes from the beach and boardwalk and only a few blocks from the shops, restaurants, and attractions of Ocean City's vibrant downtown along Asbury Avenue. Whether you're searching for a massive vacation retreat big enough for the whole family, an incredible income-producing investment, or year-round residence, this prime North End property checks all the boxes. Don't miss this opportunity to own in one of Ocean City's most desirable locations! Seller is a NJ Licensed Real Estate Agent.

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Property information

Property type

Residential Income

Sub-type

Triplex

Living area

3,200 Sq Ft

Garage spaces

3

Annual taxes

$7,375

Price / Sq Ft

$828

Days on market

110

Features

Appliances

Dishwasher · Dryer · Refrigerator · Gas Cooktop

Cooling

Ceiling Fan(s) · Central Air

Heating

Forced Air · Natural Gas

Parking

Concrete · Driveway

Patio

Porch

Construction

Vinyl Siding

Basement

Crawl Space

Sewer / Water

Public Sewer · Public