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900 Wesley , #101

Ocean City, NJ 08226
  • $543,000
  • STATUS: Closed
  • ON SITE: 153 Days
  • MLS #: 582123
Sold - 06/26/2024
$543,000
SOLD - 06/26/2024
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
County:

School Ratings & Info

Description

#101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-) with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR. Split floorplan has bedrooms on opposite sides of the apartment for added privacy. This building has no front desk and no rental restrictions. Most of the 38 residential units are used as 2nd home vacation get-aways. Use the property as a 2nd home or rent it - use local Realtors, or do it yourself via VRBO, AirBB or others. Currently it's a rental property. Consistently grosses $48,000-$55,000+ every year. Read the Guest Reviews Below! Center City location puts everything a few short blocks away...EZ walking distance to the Beach and the Boardwalk and the shopping on Asbury Avenue. Granite countertops in the kitchen, breakfast bar, dining booth and in both baths. Upgraded wood cabinets in kitchen & baths. In-unit washer/dryer (all others use coin-op common laundry). Complex has heated pool, BBQ area, storage and spacious upper sundeck with loungers, tables & chairs. Sold Fully Furnished & equipped as is. Condo fee includes hot water, TV Cable & Wifi, flood/fire insurance, exterior maintenance. One car parking off-site. Check Associated Docs for lots more info. INVESTORS! Please check out the attached Investment Property Analysis. This property has a multi-year stable rental track record. With 20% down at 7%, 30 years, the property has an after tax (24% Tax Bracket) POSITIVE CASH FLOW starting at year ONE! Try to find that with other properties you are considering!

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-07-15T23:50:25.007.
www.theoceansiderealtyteam.com/homes/147566911
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900 Wesley , #101 Ocean City, NJ 08226

  • Price: $599,900
  • Status: Closed
  • On Site: 153 Days
  • Updated: 208 min ago
  • MLS #: 582123
2
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Sun Beach
County:
Cape May
Area:
Ocean City/Central
Property Description
#101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-) with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR. Split floorplan has bedrooms on opposite sides of the apartment for added privacy. This building has no front desk and no rental restrictions. Most of the 38 residential units are used as 2nd home vacation get-aways. Use the property as a 2nd home or rent it - use local Realtors, or do it yourself via VRBO, AirBB or others. Currently it's a rental property. Consistently grosses $48,000-$55,000+ every year. Read the Guest Reviews Below! Center City location puts everything a few short blocks away...EZ walking distance to the Beach and the Boardwalk and the shopping on Asbury Avenue. Granite countertops in the kitchen, breakfast bar, dining booth and in both baths. Upgraded wood cabinets in kitchen & baths. In-unit washer/dryer (all others use coin-op common laundry). Complex has heated pool, BBQ area, storage and spacious upper sundeck with loungers, tables & chairs. Sold Fully Furnished & equipped as is. Condo fee includes hot water, TV Cable & Wifi, flood/fire insurance, exterior maintenance. One car parking off-site. Check Associated Docs for lots more info. INVESTORS! Please check out the attached Investment Property Analysis. This property has a multi-year stable rental track record. With 20% down at 7%, 30 years, the property has an after tax (24% Tax Bracket) POSITIVE CASH FLOW starting at year ONE! Try to find that with other properties you are considering!
Exterior Features

Garage None Location Corner Parking Off Site Parking Siding Exterior ConcreteMasonry/BlockStucco Stories In Building Two Unit Location End UnitFirst Floor Waterfront YN No

Interior Features

Air Conditioning Ceiling Fan(s)ElectricWall Units Also Includes BlindsFurnished Appliances DishwasherDisposalDryerElectric StoveMicrowaveRefrigeratorSelf Cleaning OvenWasher Heating ElectricSpace/Wall/Floor Levels In Unit One Other Rooms Breakfast NookLaundry/Utility RoomPrimary BR on 1st floor Rooms 7 Unit Features FoyerMaster Bath

Property Features

Adult Community /55+ No Age Range 6 to 10 Years Approved Short Sale N/A Assoc Fee Includes AmenitiesInsuranceMaintenanceManagementSewerTrashWaterOther UtilitiesCablePool Auction YN No Bank Owned Foreclosure No Common Area Features Cable TVDeck/PorchOutside ShowerPatioPoolStorage Facility Condo Type Condo Lot Number 15-C101 Management Association May Be Subject To Third Party Approval Short Sale No New Construction No Pets No pets allowed Possession Subject to Tenancy Sale Or Rent For Sale Sewer Public Sewer Tax Year 2023 Taxes 2667 Water Public Water

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of Fox Real Estate-Ocean: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-07-15T23:50:25.007.
 
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