816 Wesley Ave Ave

Ocean City, NJ, 08226

$2,500,000

$2,500,000
Active
Active
 - For Sale
property_type
Multi-family
Built in 1891, this Ocean City Victorian single-family beauty (over 5600 sq. ft. of living space) known as The Painted Lady is truly one of a kind and part of Ocean City's historical charm. Built in 1891 and carefully restored in 2019, it is also known as The Thomas S. Simmon's House. The main home offers six bedrooms (which includes a beautiful master bedroom and ensuite) and three and a half baths. Enter the upper house via the expansive and airy front wrap-around porch which is second to none in Ocean City. The beautiful formal entry reflects the home's vintage character in the extensive woodwork, fixtures, staircase and hardwood floors. Past meets present in the tastefully designed interior with glass doorknobs, new vintage switch plates, classic furniture pieces and stainless-steel appliances, washer/dryer, full baths with custom tile, granite and glass-enclosed bathing areas. Parking for 2 cars out back, free street parking out front, an outdoor shower and a whole lot more. One of the few properties with a large, shady, outdoor area out back for the kids to enjoy while the adults enjoy the huge wrap around porch that is truly one of a kind. In total the property includes 2 apartments in the rear cottage, 3 apartments on the ground floor of the main building rented yearly and the main residence on the top 3 floors sporting 6 bedrooms and 3 1/2 baths rented weekly bring in over $80,000 in summer rentals. Gross yearly rent in excess of $150,000 per year.
MLS® ID:
562814
Updated:
9/25/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Electric, Wall Units
Heating
Gas-Natural, Radiant

Exterior/Building Features

Exterior Features
Deck, Patio, Porch, Shingle
Sewer
Public Sewer

Other Property Details

Area Name
Ocean City/Central
Taxes
$5871
Tax Frequency
per YEAR
Garage
No
Parking
None
View
N
County
Cape May
Water Source
Public
Pool
No

 

Courtesy of COLDWELL BANKER REALTY - Haddonfield

Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dwell Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 South Jersey Shore Regional MLS. All rights reserved.

Data last updated 5:06 PM UTC, 9/25/22

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