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626 Atlantic

Ocean City, NJ 08226
  • $2,300,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 553358
UPDATED: 30 min ago
$2,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Stunning multi-family residence in the boardwalk area of Ocean City! The main house of this estate features 7 bedrooms and 7.5 bathrooms and an efficiency apartment. Each bedroom has an en-suite bath dated back to this property's bed and breakfast days. The most recent upgrades include new a/c, new windows, a new porch roof, new rear deck, newly refinished hardwood flooring and new carpet. The main portion of the property brings in $83,500 in annual rental income. The rear building houses an efficiency apartment and a 2 bedroom apartment, each bringing in yearly rental income totaling $20,,400 per year. Total annual rental income of $103,900 with potential for much more. The exterior boasts multiple entertaining spaces, an outdoor shower and off-street parking for 6 cars. Front building has 2872 square feet and rear building is 660 square feet.

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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 Provident Legacy Real Estate Services, LLC. 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 2021-11-30T06:49:51.797.
www.providentlegacyres.com/homes/119876013
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626 Atlantic Ocean City, NJ 08226

  • Price: $2,300,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 30 min ago
  • MLS #: 553358
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Northend
County:
Cape May
Area:
Ocean City/Northend
Property Description
Stunning multi-family residence in the boardwalk area of Ocean City! The main house of this estate features 7 bedrooms and 7.5 bathrooms and an efficiency apartment. Each bedroom has an en-suite bath dated back to this property's bed and breakfast days. The most recent upgrades include new a/c, new windows, a new porch roof, new rear deck, newly refinished hardwood flooring and new carpet. The main portion of the property brings in $83,500 in annual rental income. The rear building houses an efficiency apartment and a 2 bedroom apartment, each bringing in yearly rental income totaling $20,,400 per year. Total annual rental income of $103,900 with potential for much more. The exterior boasts multiple entertaining spaces, an outdoor shower and off-street parking for 6 cars. Front building has 2872 square feet and rear building is 660 square feet.
Exterior Features

Driveway Concrete Garage None Lot Dimensions 45X130 Outside Features CurbsDeckFenced YardOutside ShowerPatioPorchShedSidewalks Parking Three Or More CarsTwo Car Siding Exterior Vinyl

Interior Features

Air Conditioning CentralMulti-Zoned Also Includes Furnished Appliances DishwasherDryerElectric StoveRefrigeratorSelf Cleaning OvenWasher Heating Forced AirGas-NaturalMulti-Zoned Other Rooms Dining RoomEat In KitchenKitchen

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 Triplex New Construction No Number Of Efficiency Units 1 Number Of2 Bedroom Units 1 Rental Information SeasonalYearly Sale Or Rent For Sale Sewer Public Sewer Suitable For Bed And BreakfastMulti Family + Rooms Tax Year 2020 Taxes 6287 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Bhhs Fox And Roach-Simpson Oc.


© 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 Provident Legacy Real Estate Services, LLC. 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 2021-11-30T06:49:51.797.
 
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Provident Legacy Real Estate Services, LLC
177 Broadway
Bayonne NJ, 07002