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$ 1,995,000
Est. payment | /mo
$ 1,995,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 589450
Year Built 1920
Annual Tax Amount $7,000
Tax Year 2023
Property Sub-Type 4 - 10 Units
Property Description
GREAT INVESTOR OPPORTUNITY! Centrally located apartment building with 8 apartments in the heart of Ocean City! 1420 Central (5 apartments): 1st floor front: 1 bedroom 1 bath - 85% complete, 1st floor rear: Efficiency - 100% complete, 2nd floor: 2 bedroom 1 bath - renovations completed, 3rd floor: 1 bedroom 1 bath - 100% complete, 4th floor: 1 bedroom 1 bath + loft 75% complete. 1422 Central (3 apartments): 1st floor: 2 bedroom 1 bath - renovations completed, 2nd/3rd floor: 4 bedroom 2 bath - renovations completed, 4th floor: 2 bedroom 1 bath - 85% complete. 40 x 100 lot size. Being sold in "as is" condition! Great Rental Potential! Great Location! Great Value! See you on the Beach!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details See Remarks,Boardwalk Area
Rooms
Other Rooms Dining Area, Dining Room, Great Room, Kitchen, Laundry/Utility Rm, Living Room, Storage Attic
Basement Slab
Interior
Heating Baseboard, Gas-Natural, Hot Water, Multi-Zoned, See Remarks
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by BHHS FOX and ROACH-Simpson OC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "