Price $1,795,000
Status Active
Beds 5
Baths 3 Baths
Home size 1,700 sqft
Lot Size n/a
Days on Market 36
Consistently producing $115,000+ in annual rental income (2024: $124,000)"”this is a true turnkey investment for the savvy buyer looking for a well-oiled rental machine. Already over $100,000 on the books for 2026! This beautiful second-floor (top-floor) property is ideally located at the corner of 9th & Wesley Avenue in the heart of Ocean City, NJ, just a short walk to the beach, boardwalk, and downtown. Offering 5BR/3BA and over 1,700 sq ft on the main living level, plus an additional 300+ sq ft entry-level recreation area"”perfect for extra lounging and entertaining. A private elevator (serving the 2nd-floor unit only) provides added convenience and handicap-friendly access, with no steps once inside the unit. The layout is designed for comfort and groups with two primary suites (King & Queen), an additional Queen bedroom with balcony, plus two bedrooms with full-over-full bunk beds. The entry level features a full-size futon and a TV/foosball/game room. Enjoy a 55" TV in the family room, a 50" TV in the game room, and TVs in every bedroom. Outdoor living shines with a canopy-covered front deck off the living area (canopy removed in winter months), added privacy/sun shade on the north side of the awning, a rear deck off the primary, and a balcony off Bedroom 5. Additional highlights include keyless entry and off-street parking for 3 cars (1 garage + 2 driveway). Just minutes to the 9th Street beach/boardwalk, the Music Pier, and all the shopping and dining along Asbury Avenue. Schedule your private tour today!!
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 2/19/2026 Year Built 0
Garage Spaces 2.0 County Cape May

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
CONSTRUCTION Brick, Vinyl Siding
GARAGE Yes
HEAT Forced Air
INTERIOR Elevator, Entrance Foyer, Kitchen Island
LOT 0
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
TAXES 7313
WATER Public

Location

 

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