MLS® ID: 514619
818 Shore Road
Somers Point, New Jersey, 08244 $429,000
Totally renovated-2 unit rental building in Historic area of Somers Point. First unit is a 3 bedroom/1.5 bath/laundry room/custom kitchen & rents for $1700 per month. Second unit is a 1 bedroom/1 bath/laundry & kitchen which rents for $980 per month. The 3 bedroom unit is a two story duplex. The 1 bedroom is on the third floor. Very strong rental history. Serious investors only. This property is close to restaurants, public transportation, Shore Memorial Hospital & Marina Area. Very close to Ocean City/beach & boardwalk. An "IN Town" location. This bright, modern space features are upscale & meticulous renovations. Building is fully occupied. There are 5 parking spots in rear of building as well as two at front curb. High elevation... no flood insurance. New roof, HVAC, new Anderson windows & siding. Each unit has separate entrances & individually metered. This upscale rental opportunity is a sound investment. Top quality cabinetry, appliances, tile, h/w flooring, counter tops & mechanical equipment and much more. Don't miss this opportunity to buy a completely renovated investment building! *** property is a nonconforming use. In 2018 seller was granted approval to renovate commercial space into multifamily house.