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$ 1,799,000
Est. payment | /mo
3 Beds
$ 1,799,000
Est. payment | /mo
3 Beds
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 607554
Bedrooms 3
Annual Tax Amount $4,913
Tax Year 2025
Property Sub-Type 4 - 10 Units
Property Description
Mixed-use opportunity in the heart of Ocean City, NJ featuring approximately 950 SF of commercial space plus five residential units. Property consists of (2) two-bedroom/two-bath units, (1) one-bedroom/one-bath unit, (1) studio unit, and an additional owner's studio, along with a dedicated parking space. All residential units were renovated in 2022, offering updated interiors and strong rental appeal. Ideal for an investor seeking diversified income or an owner-operator looking to combine commercial and residential use in a prime shore location. Strong income potential ($160k+) with upside in commercial tenancy and seasonal demand.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Rooms
Basement Slab
Interior
Heating Baseboard, Forced Air
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by Compass New Jersey-Ocean City (O463E)
Schools and Properties Nearby
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