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715 E 8th St Unit A | Ocean City NJ | 7261555087

Kristina Doliszny

This listing was posted on RealtyWW.

$2,900,000

Home For Sale In Ocean City, New Jersey

Price:
$2,900,000
BR/BA:
8 BR, 8 BA
Location:
715 E 8th St Unit A, Ocean City, NJ
Description:

Incredible FIVE (5) UNIT Multifamily/Mixed-Use Investment Opportunity consisting of four brand newly renovated 2-Bed/2-Bath residential units, plus a commercial ground floor unit with tons of bonus storage. MODERN, NEW and CHIC - fabulously located just one short block from BEACH and BOARDWALK, plus pool privileges included! Each of these four beach vacation units (Units B, C, D and 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! Building also includes an existing generous sized commercial unit (Unit A). 5-Unit building already has NJ condo approval; units are also each listed for sale separately (Units BandC $599K each; Top Floor Units DandE $619K each; and Commercial Unit A $550K). Opt to buy all 4 units for $2.43M for your family or as investment rental income, or buy the entire 5-unit building for $2.925M. Approved architectural plans, survey and 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 ACT FAST! So come join us at an OPEN HOUSE this weekend! Saturday 03/9 and Sunday 03/10 - 10am to 4pm. Come grab a snack and get a first look at this newly renovated coastal getaways!For more details: https://realtyww.info/homes_ocean-city-d535164/for-sale_i71513808
Property Type:
Single-Family Houses
Amenities:
Patio/Deck, Pool, Storage, Washer Dryer, Wood Floors
Posted:
May 6 on RealtyWW
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More About this Listing: Home For Sale In Ocean City, New Jersey
Home For Sale In Ocean City, New Jersey is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 715 E 8th St Unit A in Ocean City NJ. Find other listings like Home For Sale In Ocean City, New Jersey and listings near 715 E 8th St Unit A by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Ocean City NJ.