842 Wesley Ave # 842 Unit #2, Ocean City, NJ 08226

$1,775,000
5
BD
3
BA
1,700
SqFt

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List Price
$1,775,000
Days on Market
0
Status
ACTIVE
MLS#
611115
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
1,700
County
Cape May

Property Description

2027 rentals already over $46k booked!! 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. 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!!

Additional Information

Area
Ocean City/Central
Building Name
NONE
Taxes
$8,244
Heating
Forced Air
Cooling
Ceiling Fan(s), Central, Electric
Water
Public Water

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Listing courtesy of REALTY MARK ADVANTAGE. Contact:

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