611 E 7th St - Apartments FOR SALE


Ocean City, NJ 08226
$1,799,999 USD
856-214-2639
611 E 7th St, Ocean City, NJ for Sale
$1,799,999 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

611 E 7th St
Ocean City, NJ 08226


OVERVIEW

Welcome to 611 East 7th Street in the historic heart of Ocean City, NJ! This property is not just a house—it's a grand adventure waiting to happen. This is the old Crescent Lodge featuring 6,440 square feet of space nestled on a 4,321 square foot lot, this home is bursting with potential and endless possibilities. Once a bustling rooming house, this property boasts a whopping 17 baths and 11 kitchens. Perfect for anyone who loves options or perhaps dreams of winning a culinary world record. And with 17 rooms, this space can transform to meet the needs of any imaginative soul. This was used as a year round rental unit and has heat. I has been vacant for at least 2 years. Parking woes? Not here! You'll have room to spare with parking for up to 10 cars. And after a day at the beach, rinse off in one of the two outdoor showers or enjoy the convenience of outdoor storage for all your seaside gear. For the eco-conscious (or just comfort-seeking), the property features both gas and electric baseboard heat, complemented by two water heaters to ensure those 17 baths are always ready for their starring role and 2 coin-operated washers and dryers included! Whether you're drawn to its rich history or its promise of future possibilities, 611 East 7th Street is a canvas for your next chapter. Come explore the charm and character of this unique Ocean City gem!

FOR SALE DETAILS

PRICE

$1,799,999 USD

PRICE/SF

$280 USD /SF

# OF UNITS

7

PRICE/UNIT

$257,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

08-00602-0000-00026

ASK ABOUT THIS PROPERTY

856-214-2639

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856-214-2639

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