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900 Wesley, 116, Ocean City, NJ, 08226 Main Picture 900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture900 Wesley, 116, Ocean City, NJ, 08226 Aditional Picture

900 Wesley, 116, Ocean City, NJ, 08226


Michael Devlin
  • Condo

  • 0

  • 1

Off street parking, pool, grill, coin-op laundry, kitchenette with stove top & microwave, refrigerator, tile bath, floor & walls. This studio condo comes completely furnished. Complex was totally renovated in 2005 with new electric, new plumbing, new windows, new drywall, new kitchenette, new bathroom. Condo fee includes cable TV, Internet, hot and cold water, sewer, insurance. NO SANDY DAMAGE !!! Furnished 1st floor condo centrally located 3 blocks to the Beach/Boardwalk and downtown with over 100 unique shops, restaurants, galleries and grocery store open year round. Low Association fees and very low taxes. Showings only on Saturday from 10 to 2

Total Rooms 2
Full Bath 1
# of Stories Two
Year Build
Lot Size
Tax 755.00
WaterPublic Water
Bedrooms 0
Half Bath 0
# of Stories Two
Lot Dimensions
# Units
Tax Year 2019
Area Ocean City/Central
CoolingWall Units
SewerPublic Sewer
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Nearby Listings

Rental income netted $35,973 after commissions in 2019 (19 leases plus a winter 19-20 rental). 100% GUTTED & REMODELED! #101 Sun Beach is a spectacular, 100% all new 2BR, 2BA condominium located directly on the corner of 9th St. and Wesley Ave. THIS IS NOT A CONDO-TEL. 2 short blocks to center of boardwalk and 9th/10th St. beaches. Perfect center city location, EVERYTHING within walking distance! Largest unit by far in the building (@ 900+/- sq.ft.), and the ONLY 2BR, 2BA. It comfortably sleeps 8. All other \"Sun Beach\" units are smaller 1BR or efficiency suites. No expense spared. Granite countertops in the kitchen & baths, beautiful wainscoating & crown moldings throughout, recessed crown mold lighting, huge 2nd BR w/2 pillow topped queen beds (sleeps 4), top of the line master BR king bed (sleeps 2). 3 gigantic high def large screen wall mounted TV\'s - one in each BR (50\" & 37\") , one in LR (50\"). Living room top of the line \"Flexsteel\" sleep sofa that sleeps 2. Fully upholstered granite topped dining booth. Upgraded granite kitchen w/wood cabinets, tile & carpeted flooring, exquisite furnishings & accents thruout. Full sized upgraded appliances.....refrigerator/freezer, glasstop stove, oven, microwave, dishwasher, garbage disposal, in-unit washer/dryer. Parking for 1 car. Of course...there\'s full use of Sun Beach\'s inviting heated swimming pool, and large spacious sun decks. Condo Fee Includes wi-fi, cable, hot water. Showings Sat 12-2PM only June-October 2020.

Property 2

900 Wesley, Ocean City

  • 2

  • 2.0

  • $429900

100% consistently occupied-HIGH CASH FLOW ASSET earning 10-12%+ CAP RATE, this Year-Round Apt/Rooming-House Operation is the most incredible CASH STREAM investment acquisition opportunity on market! Located in heart of Ocean City on huge 50x120 Tri-Plex development lot, just 2 blocks from Beach/Boardwalk & locally known as “The Wave Beach House”, this CASH MACHINE features 33-units (mostly rooms & few apartments); runs 90-100% occupancy yr-round; & perfect for savvy investor looking to purchase very rare CASH FLOW property w/spectacular ROI--w/upside which is absolutely impossible to come by! Accommodations for local contractors, church volunteers & yr-round resort employees are extraordinarily difficult to find & is in exceptionally high demand, which keeps building nearly 100% occupied. Property features TWO RENTAL INCOME BUILDINGS: #1: Large 4-story main Rooming House building, consists of 4 floors w/one 2-bed/1-bath apt; 6 efficiency units; 11 rooms w/private baths; 12 rooms that share 2 baths; coin-operated laundry; HUGE under-utilized attic; & impressive furnace room w/new high-efficiency unit. #2: Small Apartment-Cottage Building in rear, consists of one 2-bedroom apartment, one 1-bedroom & one efficiency unit. Off street parking for 2 cars. Operation may include full time reliable manager who is willing to stay, if needed. Due to high cap rate offering, property is Being Sold AS IS w/no contingencies. Cash offers only. Proof of funds w/NDA required. See agent remarks.

Property 2

916 Wesley Ave, Ocean City

  • 0

  • 0.0

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