This is a knock-out investment opportunity considered to be a “little slice of heaven” in Ocean City, NJ — the greatest family vacation spot on earth! This 180 SF studio condo is located in the center of the action, steps from the boardwalk and ocean. You don’t even need to cross a street to get there! There are the ocean, boardwalk, and bay views. This unit is on the 4th Floor at The Hanscom (formerly the Homestead Beach Hotel), an Ocean City historical building. The beautifully updated lobby is where guests can check in. Washer/dryer, snacks, ice machine on the first floor. The unit comes with a storage space located on the same floor. This neighborhood/location is PERFECT with being near to the heart of the boardwalk’s music pier. There is an ice cream shop (Sundae’s) next door. Right across the street, there are bike rentals, and about 3-4 blocks away is bustling downtown! The OCNJ waterpark is the next block over. Your renters can easily walk or bike to the grocery store as well. It is no wonder the unit has seen the success that it has being listed as an Airbnb! Great Rental History! Gross 2020: $19,565.22 Gross 2021: $24,974.17 Monthly Association Fees: $385.00 includes includes cable, hot/cold water, trash/sewer, building insurance/maintenance, building wifi. Heat/air conditioning and electricity are paid for by the unit owner. New owners must have a deposit of 3x the monthly association fees due at closing. Cash only – financing not available.

Listed by:

Hader Rivas

eXp Realty – Montclair

Eunice Puerto (856) 405-9232 | eunice.puerto@exprealty.com

Source: SJSRMLS,MLS#: 560549

See more details for 807 E 8th St #402, Ocean City, NJ 08226 on Zillow

Facts and features

Condominium
0 bedrooms
1 bathroom
Built in 1928
Baseboard, electric
No data
None

Interior details

Bedrooms and bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Flooring

Flooring: Hardwood

Heating

Heating features: Baseboard, Electric

Appliances

Appliances included: Dishwasher, Electric Stove

Interior Features

Window features: Blinds
Interior features: Elevator, Foyer

Property details

Parking

Parking features: None

Accessibility

Accessibility features: Elevator

Property

Levels: One
View description: Water
Waterfront features: Beach Block, Boardwalk Area
Has waterview: Yes
Waterview: Water,Water View

Other property information

Additional structures included: Storage Facility
Parcel number: 08007020000000250000C402
Inclusions: Blinds

Construction details

Type and style

Home type: Condo
Property subType: Condominium

Material information

Construction materials: Brick, Concrete, Stucco

Condition

New construction: No
Year built: 1928

Utilities / Green Energy Details

Utility

Sewer information: Public Sewer

Community and Neighborhood Details

Security

Security features: Security Service

Community

Community features: Elevator, Laundromat On Site, Outside Shower, Storage Facility

Location

Region: Ocean City
Subdivision: NONE

HOA and financial details

HOA

Amenities included: Cable TV, Elevator, Laundromat On Site, Outside Shower, Security, Storage Facility
Services included: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Hot Water, Cable TV