$ 339,900
920 Ocean Ave, Ocean City, NJ 08226  
  • 2 beds
  • 1.5 baths

920 Ocean Ave, Ocean City, NJ 08226  

Turnkey Beach Retreat featured on Beach Hunt Bargain Hunt! This 1260 Square Foot 2 Bedroom 1 1/2 Bathroom first floor condo comes fully furnished and equipped for the 2019 Rental Season. The owner has consistently generated approximately $21,000 in gross rental income! There is potential for a higher per week rate to generate more rental income! This unit is equipped with plantation shutters, a cozy sun porch, ample storage space throughout, a Murphy Bed in one of the bedrooms, and the patio/courtyard is part of the common area. There are 4 condo owners, no association fees, and the percentage of owners is 34.55% for Unit A. The majority of 3 Bedroom 2 Bath condos located 3 blocks further from the beach are 1,180 square feet and selling for over $440,000! There isn't any off street parking however the owner pays $750 per season for a parking spot 1 block away in the Charlie Lot which is owned by the City of Ocean City. The front door is in the process of being replaced along with the front steps leading to the entrance of Unit A. Hurry, this is a Bargain!

Read More
  • Listing Type Condo/Townhome
  • Listing ID 515457
  • Bedrooms 2
  • Bathrooms 1.5
  • Listing Status Active
  • County Cape May
  • Full Bath 1
  • Half Bath 1
  • Rooms 6.0
Listing courtesy of RE/MAX AT THE SHORE

Houses for Sale Nearby