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725 ATLANTIC AVE Ocean City, NJ 08226
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Key Details
Sold Price $487,500
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,968 sqft
Price per Sqft $164
Subdivision Northend
MLS Listing ID 1000493881
Sold Date 04/21/16
Style Victorian
Bedrooms 6
Full Baths 2
Half Baths 5
HOA Y/N N
Abv Grd Liv Area 2,968
Originating Board TREND
Year Built 1902
Annual Tax Amount $3,330
Tax Year 2015
Lot Size 2,250 Sqft
Acres 0.05
Lot Dimensions 22X100
Property Description
FABULOUS BUY- GREAT INVESTMENT POTENTIAL. Are you looking for an affordable extra large single family home with some income potential too? THIS IS IT! Property listing features a 5 bedroom 2.5 bath single family semi-attached home with a BONUS 1 bed/1bath fully equipped ground floor apartment. Huge Backyard + 4 Car Detached Garage is shared with owner of 725 Atlantic Ave (also for sale). Fabulous BEACHBLOCK Location, Ocean Views off top floor. Centrally located near all shops, restaurants & one block to Ocean City's beach & boardwalk. Extra Large lot size is approx. 60 x 150 LOT (approx 30 ft wide each home + 9.5 Ft Shared Driveway on side). Survey available. Current tenants in place generate approx $29,000 in annual lease income- tenants are mostly annual leases but can either vacate prior to closing or remain as tenants-- up to you as the buyer. Property is located in the heart of the HOSPITALITY ZONE with numerous approved use options available for development, both mixed use & residential. Call for appointment to come view in person. Deals like this won't last! (Remaining interior photos will be posted by tomorrow)
Location
State NJ
County Cape May
Area Ocean City City (20508)
Zoning NEW
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Other
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas, Other
Laundry Upper Floor
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 3+
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 3+
Additional Building Above Grade
New Construction N
Schools
School District Ocean City Schools
Others
Tax ID 08-00702-00017
Ownership Fee Simple
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Bought with Robert Doliszny • Keller Williams Realty - Wildwood Crest