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Photo of 719 E 10th Street 301302303, Ocean City NJ
719 E 10th Street 301302303
Ocean City, NJ 08226
Bedrooms
3
Full Baths
3
Water
Public
Sewer
Public
Heating
Electric
Cooling
Central Air
Hot Water
Electric
Parking
Attached Garage
Unit Location
Water View
Taxes (2023)
$7,572
Association Fee
555
Fee Freq
Monthly
Additional Details Below

Description

Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout t

Schools

Ocean City High School

See More Homes in Ocean City School District

Location

Listing Details

Summary
Location

Beach Block, Corner, Water View, Beach Proximity 1 Block

Parking

Garage, Attached, Assigned Parking

Interior Features
Inclusions

Drapes, Curtains, Shades, Blinds, Furniture

Appliances

Refrigerator, Dishwasher, Disposal, Smoke/Fire Detector, Stainless Steel Appliance

Rooms List

Living Room, Kitchen, Storage Space

HOA/Condo Information
HOA Frequency

Monthly

HOA Fee

$555

Community Features

Elevator, Patio, Deck/Porch, Enclosed/Cov. Porch, Pool , Laundry Room

Unit Location

Corner , Pool View, Water View

Unit Features

Handicap Features, Hardwood Floors, Elevator, Foyer, Tile Floors

Utilities
Cooling

Central Air, Electric, Ceiling Fan, Multi Zoned

Heating

Electric, Forced Air

Sewer

Public

Water

Public

Miscellaneous

Assessment : 0
Zoning:
Lattitude :
Longitude :
MLS# : 241110
Views : 60
Listing Courtesy: Joanne Kent of COMPASS RE - Sic

Notes

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