1020 Asbury Ave, Ocean City, NJ

Name: 1020 Asbury Ave, For Sale in Ocean City - Zoocasa
Brand: BHHS FOX and ROACH-Simpson OC
SKU: 613258
Price: 1599000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,599,000

000

MLS® 613258

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 3382 sqft

Garage

Taxes $4,200

Days Active 0

Lot Size

Approx. Age 1924

Avg. Price Per Sqft $472

MLS® Number 613258

Property Address: 1020 Asbury Ave, Ocean City, NJ, 08226-3363

Average square foot calculated using Size range provided by listing agent.

Description

PRIME DOWNTOWN OCEAN CITY INVESTMENT OPPORTUNITY! Located in the heart of Ocean City at 10th Street and Asbury Avenue, this versatile three-story mixed-use property offers endless possibilities for investors, business owners, and owner-occupants alike! The first floor features commercial space in a highly desirable downtown location, ideal for establishing your business or generating rental income. Above, you'll find two beautifully remodeled residential units. The spacious second-floor unit offers 4 bedrooms and 1 full bath, while the third-floor unit features 3 bedrooms and 1 full bath. Both residential units have been tastefully updated, providing attractive options for year-round living, seasonal use, or rental income. ALL THREE UNITS WILL BE DELIVERED VACANT AT SETTLEMENT giving the new owner complete flexibility to occupy, lease, or establish their own rental rates from day one! Live in one unit while generating income from the others, operate your business downstairs, or maximize the property's investment potential. Just steps from Ocean City's popular shops, restaurants, and downtown attractions- and a short walk to prime Boardwalk attractions and beautiful beaches- this is a rare opportunity to own a mixed-use property in one of the shore's most sought-after communities. Each unit has one private parking spot. Residential units will be delivered fully furnished. Both Residential units have private in unit laundry. LOCATION, FLEXIBILITY & INCOME POTENTIAL — THE POSSIBILITIES ARE ENDLESS!

MLS® Number613258

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1924

Basement

DrivewayPARKING - EXTERIOR: One Car, Garage: None

Garage Spaces

HeatForced Air, Gas-Natural

A/CCeiling Fan(s), Central, Multi-Zoned

Extras

Blinds, Curtains, Furnished, See Remarks

Map

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