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836-838 Wesley Avenue
Ocean City, NJ 08226
MLS# NJCM2000952 ID: 75716788
1393 sq.ft.
$2,998,000
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Property Description
Coastal, Multi-Family - OCEAN CITY, NJ 836-838 Wesley Ave - Beautiful downtown turnkey rental machine. 2022 has OVER $217K booked so far- AND OVER $236k booked for 2021. Each house consists of 5 bedrooms 3 Bath and a bonus room that has been turned into a bunk room. With a total of 10 BR's (12 with bonus rooms) and 6 bathrooms. Newer construction- built in 2017. This house can sleep 34 people and is an absolute money maker with the summers completely booked and the shoulder season providing an excellent rental property for family reunions and multiple families wanting to vacation together. There is an interior staircase that connects the two houses. The rental income for 2022 is OVER $217K booked so far (as of 4/26/22) and there's plenty availability for the shoulder season still to book. This is an awesome investment property! Keep one house for yourself and rent the other and let the rental income pay for your beach house. This property sits the 2nd house in from the corner of 9th & Wesley. 838 has a private elevator. Hurry, with this kind of rental income, who wouldn't want this investment in their portfolio. Income/ Expense sheet attached in docs.
Property Features
Status
Days On Market 26 days
Last Updated May 25, 2022
Market Status Available
Description
Property Type Multi Family
Year Built 2017
Approx. Lot Size .11 Acres
Sq. Feet 1393
Building Features
Heating System Fireplace; Forced Air
Central Air
Exterior Features
Exterior Construction Aluminum Siding
Parking 2 spaces
Interior Features
Elevator
Fireplace
Legal/Financial
Taxes 1352200
Listing Features
Property Type MultiFamily;
Offered By:
Missy Nallen
Realty Mark Advantage

Data Provided by Bright MLS

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