For Sale $399,900 - Condo/Townhome
2020 Rent income $36,612.36 net after commissions. Rents solid year after year. (2021 Has 18 weeks rented so far, over $35,500). This unit was completely gutted and remodeled. 2 short blocks to center of boardwalk and 9th/10th St. beaches. Perfect center city location, EVERYTHING within walking distance! Largest unit in building (@956 sq.ft.). 2BR, 2.BA that Sleeps EIGHT (8). Granite countertops and wood cabinets throughout. In-unit washer/dryer. BR’s are on opposite sides of the apartment for extra privacy. Parking for 1 car (City owned Lot, rented annually off-site). Complex has heated swimming pool, BBQ area and a large spacious sun deck. Condo Fee Includes wi-fi, cable, hot water. 39 unit condo building has a 25% +/- mix of owners that rent weekly or seasonally in the summer and 75% that don’t rent at all. Check Associated Docs for P&L. OWNER FINANCING AVAILABLE TO QUALIFIED BUYER. $100,000 Down, 4%, 30 year amortization, 5 year balloon.