For Sale 1140-42 Simpson Ave, Ocean City, NJ, 08226

Newly renovated duplex part of a 2 building condo. The condo consists of a Northside and southside duplex connected by a breezeway. This is the northside duplex consisting of a 2 bedroom 1 bath on the 2nd floor with all new heat pump and central air, kitchen w/marble counters, stainless steel appliances, vinyl flooring throughout and bathroom w/walk in tiled shower, double sinks. Blinds and TVs are included. 1st Floor consists of a 1 Bedroom 1 Bathroom with epoxy floors, stainless steel appliances, Mini split with heat and air, new blinds and TVs are included. Ground floor also includes One car garage and off street parking for 3+ cars. Building has new roof, windows, and vinyl siding.

Investor Alert! This is your chance to own a duplex in Ocean City. Duplex includes a first floor with 2BR/1BA. The second floor has a 1BR/1BA. Earn income with existing tenants, renovate building or teardown to build a new single family home. Plenty of parking as this property sits back on a 38 x 115 lot!.

Located in the heart of Ocean City, this successful VRBO can come to the new owners with built in rental income! This 2nd floor condo is clean, bright, pet friendly and within walking distance to shopping, dining, the bay, and beach. Renovated in 2021 to include new kitchen with quartz counters, stainless appliances, gas heat and central air, fiberglass rear deck. Being sold turnkey as an active VRBO. Upstairs and downstairs owners split water & sewer bill, flood insurance and homeowner insurance for the building. Flood and Building Insurances are shared with downstairs unit. Each pays about $1300 per year for building and 1300 per year for flood. Water and sewer bill is split between owners.