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4% MORTGAGE AVAILABLE! SELLER WILL BUY-DOWN BUYER'S MORTGAGE TO 4% FOR 5 YEARS. CONTACT LISTING AGENT FOR DETAILS. #101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-) with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR. Split floorplan has bedrooms on opposite sides of the apartment for added privacy. This building has no front desk and no rental restrictions. Most of the 38 residential units are used as 2nd home vacation get-aways. Use the property as a 2nd home or rent it - use local Realtors, or do it yourself via VRBO, AirBB or others. Currently it's a rental property. Consistently grosses $48,000-$55,000+ every year. Read the Guest Reviews Below! Center City location puts everything a few short blocks away...EZ walking distance to the Beach and the Boardwalk and the shopping on Asbury Avenue. Granite countertops in the kitchen, breakfast bar, dining booth and in both baths. Upgraded wood cabinets in kitchen & baths. In-unit washer/dryer (all others use coin-op common laundry). Complex has heated pool, BBQ area, storage and spacious upper sundeck with loungers, tables & chairs. Sold Fully Furnished & equipped as is. Condo fee includes hot water, TV Cable & Wifi, flood/fire insurance, exterior maintenance. One car parking off-site. Check Associated Docs for lots more info. INVESTORS! Please check out the attached Investment Property Analysis. This property has a multi-year stable rental track record. With 20% down at 7%, 30 years, the property has an after tax (24% Tax Bracket) POSITIVE CASH FLOW starting at year ONE! Try to find that with other properties you are considering!
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Location - Corner
Parking - Off Site Parking
Pets - No pets allowed
Inclusions - Blinds, Furnished
Appliances - Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Rooms List - Breakfast Nook, Laundry/Utility Room, Primary BR on 1st floor
Exterior Features - Concrete, Masonry/Block, Stucco
HOA Fee Includes - Amenities, Cable, Insurance, Maintenance, Management Utilities, Pool, Sewer, Trash, Water
Community Features - Cable TV, Deck/Porch, Outside Shower, Patio, Pool, Storage Facility
Unit Location - End Unit, First Floor
Unit Features - Foyer, Master Bath
Cooling - Ceiling Fan(s), Electric, Wall Units
Heating - Electric, Space/Wall/Floor
Sewer - Public
Water - Public Water
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