736 Wesley Avenue
736 Wesley Avenue
$915,000
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Sold 11/6/21
Description
Investors alert! Income ! Income! Income! Almost $80k annual. (owner lives in 1 of the 3 bed units @ $1000 month/should be at least $1500 month so add another $6k to almost $85k) dynamite corner block, corner of 8th and Wesley. A few short blocks to beach and boardwalk. Restaurant, 1st floor and 5 income producing rental apartments. 1-efficiency.... 2-1 bedroom apts and 2- 3 bedroom apts. Insurance/$4800 yr Flood/$2000 yr. Building does need work, rehab and make even more$$$$ Call listing agent for...Investors alert! Income ! Income! Income! Almost $80k annual. (owner lives in 1 of the 3 bed units @ $1000 month/should be at least $1500 month so add another $6k to almost $85k) dynamite corner block, corner of 8th and Wesley. A few short blocks to beach and boardwalk. Restaurant, 1st floor and 5 income producing rental apartments. 1-efficiency.... 2-1 bedroom apts and 2- 3 bedroom apts. Insurance/$4800 yr Flood/$2000 yr. Building does need work, rehab and make even more$$$$ Call listing agent for rent rolls, showings and for more details. More pics to follow.
- Listed by KEVIN SEGICH • GRACE REALTY
Property Details for 736 Wesley Avenue
City/Community
Ocean City
ClassMULTI-FAMILY
Parking - ExteriorOff Site Parking
Waterfront (Y/N)No
Location
LISTING UPDATED: 11/06/2021 01:08 PM
Property Details for 736 Wesley Avenue
Status | Sold |
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MLS # | 552080 |
Days on Market | 50 |
Taxes | $6,479 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / 4 - 10 Units |
Year Built | 1900 |
Lot Size | 0.07 AC / 3,050 SF |
County | Cape May County |
Location
Building Information for 736 Wesley Avenue
Stories-Residences6Year Built1900Building Size-Lot Size0.07 AC / 3,050 SF
Payment Calculator
$5,533 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 736 Wesley Avenue
Property History for 736 Wesley Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 736 Wesley Avenue
Taxable ValueLand$262,500Additions$399,900Total$662,400
Tax Record2022$6,816 ($568 / month)
Home Facts
Total Finished SqFt4,804 SqFtAbove Grade Finished SqFt4,804 SqFtStories3Lot Size3,049 SqFtStyleMiscellaneous CommercialYear Built1900ZoningCB3CountyCAPE MAYAPN08 00706-0000-00018
Schools near 736 Wesley Avenue
This home is within Ocean City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Private - | K to 8 |
Rating | School | Distance |
---|---|---|
Ocean City Primary School PublicPK to 3 | ||
Ocean City Intermediate School Public4 to 8 | ||
Ocean City High School Public9 to 12 | ||
St. Augustine Regional School PrivateK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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