$650,000
$699,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
SOLD DATE : 10/30/2020
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 536729
Sold Date 10/30/20
Bedrooms 1
Property Sub-Type Duplex
Property Description
An investors dream at the corner of Second and Ocean, this duplex used to be a triplex and could be converted back to a triplex if desired. Second and third floors are usually rented together as a five bedroom unit, very desirable in Ocean City's rental market. First floor is two bedrooms, one bath and perfect for seasonal rentals. Over $45,000 in rent brought in last summer and fully booked for this summer.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Location Details Corner
Interior
Heating Electric
Exterior
Exterior Feature Vinyl
Parking Features Detached Garage
Building
Sewer Public Sewer
Water Public
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