870 E 7th Street Unit #224, Ocean City, NJ 08226

$248,000
1
BA

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Sold Price
$248,000
List Price
$275,000
Closing Date
Jul 15, 2024
MLS#
584339
Status
SOLD CO OP BY MEMBER
Year Built
1972
Bathrooms
1
Region
Ocean City/Central
City
Ocean City

Property Description

Location, location, location! This rarely offered King Studio unit in Ocean 7 Condominiums is conveniently located just steps from the boardwalk and beach at 7th Street. The unit sleeps two adults and two kids with one king bed plus a daybed with a trundle. Nice kitchenette with granite counter, glass cooktop, microwave, and fridge. One full bath. Sale includes all furniture and appliances making it an easy turnkey investment. Consistent rental history exceeding $30,000 per season. Ocean 7 has all the conveniences of hotel living, with on-site management, front desk check-in, linens, and maid service. Building amenities include a heated pool with sundeck, elevator, off-street parking for one vehicle, and a personal storage locker for your personal items. Condo fees include electric, water, sewer, flood & hazard insurance, common area maintenance, cable TV, and Wi-Fi! You just pay personal insurance and taxes. Ocean 7 is a seasonal building open from April to October. You can use the unit as your personal escape but if you decide to rent, all rentals must go through the front desk program.

Additional Information

Hoa Includes
Amenities, Electric, Management, Sewer, Trash, Water, Other Utilities, Hot Water, Air Conditioning, Heat, Cable, Pool
Cooling
Electric, Wall Units
Heating
Forced Air
Parking Description
None
Water
Public Water

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Listing courtesy of Fox Real Estate - Beachwatch. Selling Office: .

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