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840 Ocean Ave Unit 47 | Ocean City NJ | 7275945221

Jesse Briglia

This listing was posted on RealtyWW.

$199,900

Condo For Sale In Ocean City, New Jersey

Price:
$199,900
BR/BA:
1 BR, 1 BA
Location:
840 Ocean Ave Unit 47, Ocean City, NJ
Description:

Unit #47@The Sifting Sands Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2023 = $23, 285.64). Sifting Sands has been one of Ocean City's last-operating Iconic Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th and Ocean Ave. On-site required rental program (April 15 - Oct) guarantees hands off and hassle free income. Building open year 'round. Block off some personal usage between rentals in the summer (14 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car, bldg. insurance (fire and flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes and interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Take a real good look.....where else in OC can you get an apartment that sleeps 6 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details and questions regarding personal usage and the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests. Note: Financing is available thru portfolio condo-tel lenders with 25-30% down.For more details: https://realtyww.info/condos_ocean-city-d535164/for-sale_i72047868
Property Type:
Condos, Townhouses & Apts for Sale
Amenities:
Cable or Satellite, Parking, Pool, TV
For sale by:
Agent/Broker
Posted:
May 20 on RealtyWW
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More About this Listing: Condo For Sale In Ocean City, New Jersey
Condo For Sale In Ocean City, New Jersey is a One Bedroom One Bath Condos for Sale at 840 Ocean Ave Unit 47 in Ocean City NJ. Find other listings like Condo For Sale In Ocean City, New Jersey and listings near 840 Ocean Ave Unit 47 by searching Oodle Classifieds for One Bedroom One Bath Condos for Sale in Ocean City NJ.