840 Ocean Ave , Ocean City NJ

$199,900 | $921 / Month*

Courtesy of Fox Real Estate-Ocean
MLS #565160



Bedrooms: 1
Baths: 1
Appliances/Equipment: Electric Stove, Microwave, Refrigerator
Property Location: Corner, Boardwalk Area, First Floor
Location: Corner, Boardwalk Area
Condo Name: Sifting Sands
Condo - Pets: No pets allowed
Exterior Features
Construction: Concrete, Masonry/ Block, Steel
Heating: Baseboard, Electric
Sewer Type: Public Sewer

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. 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 & converted to condo/motel ownership in '04. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April-Oct) guarantees "hands off & hassle free" income. Building open year 'round. Block off some personal usage between rentals in the summer and available for your usage 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 & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & 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 a an apartment that sleeps 6 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests.

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