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Key Details
Sold Price $119,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 554885
Sold Date 10/12/21
Style Converted Motel
Full Baths 1
Annual Tax Amount $467
Tax Year 2020
Property Description
**MULTIPLE OFFERS RECEIVED: DEADLINE FOR HIGHEST & BEST IS 5PM MONDAY, SEPT 6** UNBEATABLE INVESTMENT OPPORTUNITY! Situated on a beach block just steps from the boardwalk and walking distance to all local attractions and restaurants, this bright coastal condo is already established as a hot AirBnB rental with a proven revenue stream. 2021 YTD earnings gross of $29,250--off-season rentals could total over 30K! Recently renovated in 2019, this beautifully decorated and sparkling clean studio condo features a functional kitchenette with granite countertops and glass tile backsplash, complemented by turquoise retro-style appliances. Wood-look floors extend throughout the main living space, and Spanish-style tile in the bathroom adds a unique design element along with bright white subway tile in the shower/bath combo. This southern-facing condo receives plentiful light through brand-new double pane windows (installed July 2021) in the bathroom and triple bay window area, with a charming nook/work space, where you can look out to the shore with peekaboo views of the Atlantic Ocean. The condo comes fully furnished and equipped to enjoy or begin renting out immediately. Everything is included, from the Keurig to the kitchenware, the bedding to the beach gear. It is truly "turnkey" aside from the fact that no key is needed with the smartlock system. This unit also comes with a private storage closet with extra rental supplies included! Take over this top rental at the Homestead!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Beach Block
Interior
Heating Baseboard, Electric
Exterior
Exterior Feature Brick
Parking Features None
Building
Story Six to Ten
Unit Location See Remarks
Sewer Public Sewer
Water Public Water
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