Jesse Briglia
This listing was posted on RealtyWW.
$179,900
Condo For Sale In Ocean City, New Jersey
Price:
$179,900
BR/BA:
1 BR, 1 BA
Location:
840 Ocean Ave Unit 14, Ocean City, NJ
Description:
Unit #14@The Sifting Sands Condo/Motel. 100% gutted, remodeled, improved and refurnished, all new interior.. New All-in-One Kitchen, micro, frig/freezer, paint, window blinds, 40 wall-mounted swivel TV, AC unit, New Kitchen and bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled thruout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating Iconic Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04. Spectacular location on the corner of 9th and Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees hands off and hassle free income. Convenient 1st floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (14 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire and flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes and interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details and questions on personal usage and the Rental Program. The Motel is in full operation - All showings will be in-between Guests. Note: Portfolio Condo-Tel financing currently available with 25-30% down. 2023 Income was $23, 623.81 ($19, 423.81 summer, $4, 200 winter). After all expenses, nets about $8-$9, 000 without a mortgage. Typically a 5-6% return.For more details: https://realtyww.info/condos_ocean-city-d535164/for-sale_i72052967
Property Type:
Condos, Townhouses & Apts for Sale
Amenities:
AC, Cable or Satellite, Parking, Pool, TV
For sale by:
Agent/Broker
Posted:
May 20 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Condo For Sale In Ocean City, New Jersey
Condo For Sale In Ocean City, New Jersey is a One Bedroom One Bath Condos for Sale at 840 Ocean Ave Unit 14 in Ocean City NJ. Find other listings like Condo For Sale In Ocean City, New Jersey and listings near 840 Ocean Ave Unit 14 by searching Oodle Classifieds for One Bedroom One Bath Condos for Sale in Ocean City NJ.
Condo For Sale In Ocean City, New Jersey is a One Bedroom One Bath Condos for Sale at 840 Ocean Ave Unit 14 in Ocean City NJ. Find other listings like Condo For Sale In Ocean City, New Jersey and listings near 840 Ocean Ave Unit 14 by searching Oodle Classifieds for One Bedroom One Bath Condos for Sale in Ocean City NJ.