New Sale Listing - 884 Park Place, 1st Floor (Ocean City, New Jersey)
Located in the Northend section of the island called Ocean City, NJ; this is a first floor condominium with 4BR/2.5BA in excellent condition. It has a decided advantage of being on a very lovely and "wide" street ... one of three on the "800" and "900" long and short beachblocks in this section of the town. Only three or four properties from Corinthian Avenue, this means a very short walk to the beach and boardwalk. It is also why so many rental tenants want to choose this great property as their rental location. And it is also why the property generates well over $40,000 every summer.
This Coste-built duplex condominium is located on a 40x100 lot with an alley in the back for over-street parking for two cars ... one in the parking pad and the other in the garage. There is also an enclosed outside shower on the side of the property.
Moving inside ... the first positive is the very large and wide front porch which will provide a great location for those who want to watch the people walk by or relax and read in a comfortable location. Inside one sees a large kitchen, dining area, and living room with fireplace and television in this large section of the house ... all on the first level. There is also a second exit from this area to the side of the unit and to the garage.
Just 4-5 steps up from this level gets you to a half bath plus a full bath in that hallway too. Three bedrooms come off that hallway going to the back of the unit with a master beroom also at the back of the condominium.
Overall, the location, the builder, and the rental income represent a lot of potential here. Listed at $782,500, this property is certainly worth a careful look.