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MLS #: 607619
840 Ocean Ave,Ocean City NJ - Active
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Price: $199,900
Beds: 1     Baths: 1     Half: 0
Type: CONDOMINIUM
Lot Size:
PROPERTY DESCRIPTION
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. (2025 Gross = $24,122.95). Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 - Oct) guarantees "hands off & hassle free" income. Building open year 'round. Block off some personal usage between rentals in the summer (Owners may use 21 days max in-season) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner 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 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.
PROPERTY FEATURES
Status: Active
Location: Boardwalk Area,Corner
Sewer: Public Sewer
Water Heater: Gas
Appliances: Electric Stove,Microwave,Refrigerator
Heating: Baseboard,Electric
Cooling: Electric,Wall Units
Rooms: 3
Parking - Exterior: See Remarks
Garage: One Car
ADDITIONAL PROPERTY PICTURES

Listing Courtesy of Fox Real Estate-Ocean.

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Grace Realty - Properties For Sale and Vacation Rentals
3 CONVENIENT LOCATIONS
3400 Central Avenue, Ocean City, NJ - (609) 398-6200
1401 Ocean Avenue, Ocean City, NJ - (609) 398-1776
904 S. Shore Road, Marmora, NJ - (609) 390-3303