Ocean City, NJ 08226,870 E 7th #224
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Ocean City, NJ 08226,870 E 7th #224
Ocean City, NJ 08226,870 E 7th #224
Ocean City, NJ 08226,870 E 7th #224
Ocean City, NJ 08226,870 E 7th #224

$248,000

Est. payment /mo

$275,000

9.8%
Est.Price: ?

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870 E 7th #224 Ocean City, NJ 08226

1 Bath

SOLD DATE : 07/15/2024

Key Details

Sold Price $248,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 584339

Style Converted Motel

Full Baths 1

Year Built 1972

Annual Tax Amount $1,283

Tax Year 2024

Property Description

Location, location, location! This rarely offered King Studio unit in Ocean 7 Condominiums is conveniently located just steps from the boardwalk and beach at 7th Street. The unit sleeps two adults and two kids with one king bed plus a daybed with a trundle. Nice kitchenette with granite counter, glass cooktop, microwave, and fridge. One full bath. Sale includes all furniture and appliances making it an easy turnkey investment. Consistent rental history exceeding $30,000 per season. Ocean 7 has all the conveniences of hotel living, with on-site management, front desk check-in, linens, and maid service. Building amenities include a heated pool with sundeck, elevator, off-street parking for one vehicle, and a personal storage locker for your personal items. Condo fees include electric, water, sewer, flood & hazard insurance, common area maintenance, cable TV, and Wi-Fi! You just pay personal insurance and taxes. Ocean 7 is a seasonal building open from April to October. You can use the unit as your personal escape but if you decide to rent, all rentals must go through the front desk program.

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Interior

Heating Forced Air

Exterior

Exterior Feature Brick, Stucco

Parking Features None

Building

Story Three to Five

Sewer Public Sewer

Water Public Water

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by Fox Real Estate - Beachwatch

Jason Gareau

Broker

+1(609) 929-4486

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