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

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1140 Simpson Ave, Ocean City, NJ, 08226

$799,900

Lureen
  • Buyer Agent Compensation: N/A
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This newly renovated duplex is the Northside unit of a two-building condominium, which includes 2 duplexes connected by a breezeway. The Northside duplex features a spacious two-bedroom, one-bathroom unit on the second floor with all-new amenities, including a heat pump and central air conditioning. The new kitchen is outfitted with quartz countertops, stainless steel appliances, and vinyl flooring that runs throughout the unit. The bathroom boasts a walk-in tiled shower and double sinks, offering both style and functionality. The first floor offers a separate one-bedroom, one-bathroom unit with epoxy floors, new kitchen with stainless steel appliances and quartz countertops, and a mini split system providing both heat and air conditioning. The property includes a one-car garage and off-street parking for three or more vehicles. Recent updates to the building include a new roof, windows, vinyl siding, electrical, plumbing and heating and air. This duplex is being sold fully furnished and fully equipped including blinds and tvs, making it an excellent turnkey opportunity for investors or those looking for a second home. Current bookings are in places for the 2025 rental season. In 2024, the combined summer and winter rental income for both units approached $65,000, highlighting the property’s strong income potential.

Listing courtesy of: Compass New Jersey-Ocean City
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build 1952
Lot Size
Tax 1.00
SQFT
OutsideFeaturesCurbs, Sidewalks
OtherRoomsDining Area, Eat In Kitchen
HeatingElectric
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units Duplex
Tax Year 2025
Area Ocean City/Central
ParkingGarageAttached Garage, Auto Door Opener, One Car
BasementSlab
CoolingCeiling Fan(s), Central
SewerPublic Sewer
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