341 Central Ave, Ocean City NJ, 08226

Sold

341 Central Ave

Ocean City NJ, 08226

$610,000

Sold

Multi-family

Built in 1916

Rare opportunity in the Historic District for rehab! The Buyer will need to comply with all Historic Society Rules and Regulations for renovation. Built in 1916, this property has the possibility of 5 separate residences with all units metered separately, except for water. The 40x100 ft. lot (R-2-40 zone) being sold "as-is" has four one bedroom/one bath units and a three bedroom/one bath unit with two assigned parking spaces. Some improvements have been made including a new roof, siding on the main house, electric and some windows were replaced, to name a few. Perfect for a contractor or developer looking for untapped potential. Two units currently have month to month tenants. Buyer is responsible for any inspections, certificates or documents needed/required to close. NEEDS WORK! (See pictures.) Serious buyers for showings by appt only. Listing agent will attend all showings.

549277

MLSⓇ ID

April 9, 2021

Listed

February 11, 2024

Updated

Map

341 Central Ave
Ocean City NJ, 08226

Interior Features

Interior Features: Laundry/Utility Rm
Appliances: Dishwasher, Electric Stove, Refrigerator
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Electric

Exterior/Building Features

Exterior Features: Needs Work, Patio, Porch, Shed, Sidewalks
Sewer: Public Sewer

Other Property Details

Area Name: Ocean City/Northend
Taxes: $4,293
Tax Frequency: Annually
Garage: No
Parking: Assigned, Two Car
View: No
County: Cape May
Water Source: Private
Pool: No

Listed by with Fox Real Estate-Ocean
Listing Contact:

The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 2/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 2/11/2024 at 4:44 PM UTC