Price Reduction
Address
1048 Asbury Ave Ocean City, NJ
Price
$ 1,325,000
Property Attributes
- MLS#548204
- TypeMulti-Family
- CountyCAPE MAY
- CityOcean City
- AreaOcean City-Central
- Zip08226
- Style4 - 10 Units
- Price$ 1,325,000
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
MARR AGENCY
Data Source:
South Jersey Shore Regional MLS
Property Description
Six unit building (1 store and 5 residential units) in Prime Downtown Ocean City. This building has been almost 100% renovated since 2013. These exterior renovations include a new foundation, windows, doors, siding (in some areas), fiberglass deck, railings and separate electric meters. Additionally the store and four of the five residential units have been gutted down to the studs. The four renovated residential units have new kitchens, bathrooms, electric, plumbing, insulation, doors and flooring. This building is scheduled to generate $6,225 per month or $74,700 in 2021.
| Price History | |
|---|---|
| 3/12/2021 | Listed $1,400,000 |
| 4/1/2021 | 6% - $1,325,000 |
General Features
| Appliances | Dishwasher, Disposal, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer |
|---|---|
| Class | MULTI-FAMILY |
| Garage | None |
| Heating | Baseboard, Electric, Forced Air, Gas-Natural, Multi-Zoned |
| Listing Area | Ocean City/Central |
| Sewer | Public Sewer |
| Status | Active |
| Status | Active |
| Tax Year | 2020 |
| Taxes | 5676 |
| Type | 4 - 10 Units |
| Water | Public |
| Water Heater | Electric |
Interior Features
| # of 1 Bedroom Units | 1 |
|---|---|
| # of 2 Bedroom Units | 4 |
| # of Units | 6 |
| Air Conditioning | Central, Window Units |
| Basement | Slab |
Exterior Features
| Exterior | Asbestos, Masonry/Block, Stone, Vinyl |
|---|---|
| Lot Dimensions | 30' X 100' |
| Outside Features | Porch, Sidewalks |
| Separate Meters | Electric, Gas, Water |
| Storms/Screens | Insulated Glass, Screens |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 08226
Price
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agreement.
The data relating to real estate for sale on this web page appears in part through the
Cape May County MLS program, a voluntary cooperative exchange of property
listing data between licensed real estate brokerage firms in which we participate,
and is provided by Cape May County MLS through a licensing agreement.
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