Ocean City, NJ 42k Grossing Condo

Awesome investment opportunity in Ocean City, NJ — the greatest family vacation spot on earth! This 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! This unit is on the 2nd Floor at The Hanscom (formerly the Homestead Beach Hotel), an Ocean City historical building. The beautifully updated lobby where guests can check-in. Washer/dryer, vending machines, ice machine on first 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! This unit is twice the size of others in the building. Sellers have enjoyed a successful rental history since their purchase in 2019 fetching $42K in the last year alone! Monthly Association Fees: $385.00 includes cable, hot/cold water, trash/sewer, building insurance/maintenance, and building wifi. Heat/air conditioning and electricity paid by the unit owner. Seller looking to close after Labor Day. Jump on this opportunity!

Listed by:

Eunice Puerto 856-405-9232 | eunicepuertorealtor@gmail.com

Source: SJSRMLS,MLS#: 562203

See more details for 807 E 8th St #216, Ocean City, NJ 08226 on Zillow

Facts and features

• Condominium
• 1 bedroom
• 1 bathroom
• Built in 1928
• Baseboard
• Window unit(s)
• None

Interior details

Bedrooms and bathrooms

• Bedrooms: 1
• Bathrooms: 1
• Full bathrooms: 1

Heating

• Heating features: Baseboard

Cooling

• Cooling features: Window Unit(s)

Appliances

• Appliances included: Electric Stove, Microwave, Refrigerator

Interior Features

• Window features: Blinds, Curtains
• Interior features: Elevator

Property details

Parking

• Parking features: None

Accessibility

• Accessibility features: Elevator

Property

• Levels: One
• Waterfront features: Beach Block, Boardwalk Area

Other property information

• Additional structures included: Storage Facility
• Parcel number: 08007020000000250000C216
• Inclusions: Blinds, Curtains, Furnished

Construction details

Type and style

• Home type: Condo
• Property subType: Condominium

Material information

• Construction materials: Brick

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: Elevator, Laundromat On Site, Outside Shower, Security, Storage Facility
• Services included: Maintenance, Sewer, Trash, Water, Hot Water, Cable TV

Other financial information

• Annual tax amount: $467