Ocean City, NJ 08226,137 Ocean #2
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Ocean City, NJ 08226,137 Ocean #2
Ocean City, NJ 08226,137 Ocean #2
Ocean City, NJ 08226,137 Ocean #2
Ocean City, NJ 08226,137 Ocean #2

$2,170,000

Est. payment /mo

$2,295,000

5.4%
Est.Price: ?

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137 Ocean #2 Ocean City, NJ 08226

6 Beds

5 Baths

SOLD DATE : 03/01/2024

Key Details

Sold Price $2,170,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 580764

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

Sewer Public Sewer

Water Public Water

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-West Ave OC

Jason Gareau

Broker

+1(609) 929-4486

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