Property Description

Ocean City Investment opportunity awaits. This beautiful Victorian multi-family home was carefully restored in 2019. Take advantage of the annual income of approximately $72,000 and live in the six bedroom, three full bath and one half bath main house while collecting rent from the established yearly tenants in the five additional apartments. There are three apartments in the lower floor of the main house and a beautifully restored cottage at the rear of the property. The cottage has two apartments with yearly tenants in place. In the main home, enter the upper via the expansive and airy front wrap-around porch. The beautiful formal entry reflects the home’s vintage character in the extensive woodwork, fixtures, staircase and hardwood floors. Past meets present in the tastefully designed interiors with glass doorknobs, new vintage switch plates, classic furniture pieces and stainless steel appliances, full baths with custom tile, granite and glass-enclosed bathing areas. Mechanicals are sound with a new heating-boiler unit recently installed; most of the windows have been replaced. Known as “The Painted Lady” and The Thomas S. Simmon’s House, 816 Wesley Avenue presents a one-of-a-kind property suitable as both personal residence and investment.

Features
: Radiator
: Ceiling fan(s), Window units, Electric, Wall units
: Two car
Address Map
US
NJ
Cape May
Ocean City
08226
Wesley
816
MLS Addon
Active
Public
Public Sewer
Deck,Outside Shower,Patio,Porch,Recreation Area,Si
Gas
Dishwasher,Dryer,Electric Stove,Microwave,Refriger
None
CONSTANCE
ZINDEL
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Yes
5900

Multi-family For Sale

816 Wesley, Ocean City, New Jersey 08226

$1,550,000
Listing ID #538512
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 538512
Price : $1,550,000
Year Built : 1891
Agent info
Peter Madden
200 34th St.
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