MLS (capemay) #168366 - $1,000,000.00 | ||||||||
725-727 E Atlantic | ||||||||
Ocean City , NJ 08226 | ||||||||
residential - 6 beds / 3.1 baths | ||||||||
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Are you looking for an affordable extra large single family home with some income potential too? FABULOUS BUY- GREAT INVESTMENT POTENTIAL. Four Unit Building consists of TWO Semi-Attached 5 Bed/2.5 Bath SINGLE FAMILY HOMES + TWO Bonus 1 bed/1bath fully equipped ground floor Apartments. Huge Backyard + 4 Car Detached Garage. Fabulous BEACHBLOCK Location, Ocean Views off top floor. Centrally located near all shops, restaurants & one block to Ocean City's beach & boardwalk. Extra Large lot size is approx. 60 x 150 LOT (approx 30 ft wide each home + 9.5 Ft Shared Driveway on side). Survey available. Current tenants in place generate approx $57,000 in annual lease income- tenants are mostly annual leases but can either vacate prior to closing or remain as tenants-- up to you as the buyer. Property is located in the heart of the HOSPITALITY ZONE with numerous approved use options available for development, both mixed use & residential. Call for appointment to come view in person. Deals like this won't last! (Interior photos will be posted by tomorrow)
Are you looking for an affordable extra large single family home with some income potential too? FABULOUS BUY- GREAT INVESTMENT POTENTIAL. Four Unit Building consists of TWO Semi-Attached 5 Bed/2.5 Bath SINGLE FAMILY HOMES + TWO Bonus 1 bed/1bath fully equipped ground floor Apartments. Huge Backyard + 4 Car Detached Garage. Fabulous BEACHBLOCK Location, Ocean Views off top floor. Centrally located near all shops, restaurants & one block to Ocean City's beach & boardwalk. Extra Large lot size is approx. 60 x 150 LOT (approx 30 ft wide each home + 9.5 Ft Shared Driveway on side). Survey available. Current tenants in place generate approx $57,000 in annual lease income- tenants are mostly annual leases but can either vacate prior to closing or remain as tenants-- up to you as the buyer. Property is located in the heart of the HOSPITALITY ZONE with numerous approved use options available for development, both mixed use & residential. Call for appointment to come view in person. Deals like this won't last! (Interior photos will be posted by tomorrow) |