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Property Details

341 Central Avenue - Ocean City

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Pending/Under Contract $705,000 - Multi Family
Rare opportunity in the Historic District for rehab! The Buyer will need to comply with all Historic Society Rules and Regulations for renovation. Built-in 1916, this property has the possibility of 5 separate residences with all units metered separately, except for water. The 40×100 ft. lot (R-2-40 zone) being sold “as-is” has four one-bedroom/one-bath units and a three-bedroom/one bath unit with two assigned parking spaces. Some improvements have been made including a new roof, siding on the main house, electric and some windows were replaced, to name a few. Perfect for a contractor or developer looking for untapped potential. Two units currently have month-to-month tenants. Buyer is responsible for any inspections, certificates, or documents needed/required to close. NEEDS WORK! (See pictures.) Serious buyers for showings by appt only. The listing agent will attend all showings.
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Agent Jan Vendetti

  • Office : 609-399-5377
  • Mobile : 856-207-5651


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