719 E 10th Street Unit 301, 302, 303, Ocean City, NJ 08226 | MLS 584297 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
FOR SALE
$969,900  

719 E 10th Street Unit 301, 302, 303 Unit 301, 302,
Ocean City, NJ 08226

Condo
Residential
3
Beds
3
Baths
N/A
Acre Lot
Courtesy: Compass Real Estate-Sea Isle
Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully-furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.
584297
Condo, Other
3
Cape May
3 Full
Public Water
Stucco
Public Sewer
3
Yes
Bathrooms
3
Total:3
Detailed Room Information
Kitchen
Eat-in Kitchen,Dishwasher, Electric Cooktop, Refrigerator, Disposal
Interior Features
Appliances
Dishwasher, Electric Cooktop, Refrigerator, Disposal
Flooring
Hardwood
Cooling
Central Air, Ceiling Fan(s)
Heating
Electric Heating. Heat Pump, Forced Air, Zone.
Plumbing
Electric Water Heater
Additional Interior Features
Eat-in Kitchen, Elevator, Entrance Foyer
Exterior / Lot Features
Parking
Attached.
Exterior
Stucco
Lot View
Water
Additional Exterior/Lot Features
Corner Lot.
Financial Considerations
$7,572
Courtesy: Compass Real Estate-Sea Isle
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