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Key Details
Sold Price $2,170,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 580764
Sold Date 03/01/24
Style Duplex
Bedrooms 6
Full Baths 5
Annual Tax Amount $5,677
Tax Year 2022
Property Description
This breathtaking masterpiece offers 6 Bedrooms and 5 bathrooms with an exceptional oversized floor plan with over 2,500 sq feet of living space, gourmet kitchen, cathedral ceilings, beautiful rich hardwood floors, private elevator, two car garage, multiple large decks and much more. This one-of-a-kind property is being sold turnkey and fully furnished and offers an expansive rental history with over $170,000 in rental history per year. 6 Bedrooms and 5 FULL bathrooms with an EXPANSIVE OPEN CONCEPT FLOOR PLAN DUE TO an oversized lot, FULLY FURNISHED... A 2022 rental history of $172,000 and projected 2023 rental income of $180,000, look no further for an investment property with an immediate return! This property generates a year-round cash flow from 50% upfront deposits on advance rentals during the summer season. Drawn by an open concept floor plan and 2,558 ft of living space, renters are also attracted to the elevator access and private entry with large private foyer. As a turnkey investment, this property includes everything you need for a successful rental including a fully stocked kitchen, all outdoor and indoor furniture, blinds, comforters/pillows, beach chairs/umbrellas, boogie boards, aluminum beach cart, large Weber grill, and more. Call now for a showing of this property that will generate a strong return for you!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Rooms
Other Rooms Breakfast Nook, Eat In Kitchen, Laundry/Utility Room
Interior
Heating Forced Air, Gas-Natural
Fireplaces Type Gas Log
Exterior
Exterior Feature Vinyl
Parking Features Two Car, Auto Door Opener
Building
Story Two
Unit Location Second Floor
Sewer Public Sewer
Water Public Water
Others
Senior Community No
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