503-505 E 9th Street Ocean City, NJ 08226

Other MLS #: 603342 Courtesy Of Berger Realty

Property InformationDescription

Golden Investment Opportunity - Prime Downtown Ocean City Real Estate! Here's your rare chance to capture both the golden goose and the golden eggs! Located at the high-traffic corner of 9th Street & Central Avenue, this offering includes: Two Commercial Units (503 & 505) - Highly visible and currently leased to a thriving restaurant with approx. 2000 sq ft, monthly rental is $3957 lease ending November with 3% annual increase (business not included in sale). Three (ea) 3-Bedroom 1-Bath Apartments & 1 (ea) 3 bedroom 2 bath aptartment - Fully leased at $1,600/month each, providing immediate rental income. This is a trophy location on the northeast corner of 9th & Central, delivering excellent visibility from both foot traffic and beach-bound vehicles. Key Highlights: Prime downtown Ocean City address Established rental income stream Strong commercial tenant in place High-visibility corner lot Don't Miss Out - Opportunities like this don't come often. Secure a premier income-generating property in the heart of Ocean City today! Property is being sold "As Is". Inspections performed are for informational purpose only. Owners will consider selling separate addresses. For example, separate offers on 503 or 505
MORTGAGE CALCULATOR

Features

  • Amenities: Water Front
  • Building Units: 6
  • Cooling System: Window Unit(s)
  • Heating System: Baseboard
  • Heating System: Hot Water(Heating)
  • Heating System: Natural Gas
  • MLSID: 603342
  • Roof Type: Flat

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503-505 E 9th Street, Ocean City, NJ 08226
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