Residential Income in Ocean City

$1,525,000

648-650 Asbury, 08226, Ocean City, NJ

Residential Income for sale in Ocean City, 648-650 Asbury, 08226

648-650 Asbury, 08226, Ocean City, NJ

$1,525,000

7Bed
3Bath
Type: Residential Income

Description

Seller is a licensed NJ real estate agent., Rarely does a property check every box — this one does. Half a mile to the beach and boardwalk, with an elevated front deck that puts you above the crowd for downtown Ocean City's parades and events throughout the year — a front-row seat instead of standing shoulder-to-shoulder on the sidewalk — plus easy access to the farmer's market and everything else that makes summer and year round living here what itis. The location alone is hard to beat. Built in 1920, this home's historic character shows in every original built-in, the rich carpentry throughout, and the stained glass windows that new construction simply can't replicate. But step inside and this is no time capsule — thoughtful touches like new stucco and masonry and a new front door and storm door keep it feeling well cared for today. This is a genuine two-in-one: the main home(5 bed / 2 bath) sits above a fully separate ground-floor unit (2 bed / 1 bath) — ideal as an income-producing rental, in-law suite, or private home office. A spacious top floor (currently used for storage) already feels like finished living space with a fully functioning sauna and real potential to become 1-2 additional bedrooms and a full bathroom. The ground floor also hosts a large storage room that's tough to find. and a fully functioning sauna already in place. A personal elevator runs from ground level just off the driveway to the main living floor, and with a first-floor primary bedroom in the main home, this property offers a level of accessibility that's hard to find. Then there's the parking: 3 off-street spots —a genuine rarity in a town where parking is a daily struggle, but not here. 3, 332 sq ft on a 30x100 lot. Flexible, income-ready, walkable to everything - you won't find another one like this. Schedule your showing today.

Location

648-650 Asbury, 08226, Ocean City, NJ

Data

Object TypeResidential Income
Purchase Price$1,525,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeGas Natural, Radiator
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent