NJ > Ocean City
Ocean City, NJ 08226,1140 Simpson Ave
Ocean City, NJ 08226,1140 Simpson Ave
Ocean City, NJ 08226,1140 Simpson Ave
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$799,900
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2 Beds
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1140 Simpson Ave Ocean City, NJ 08226

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 596457

Bedrooms 2

Year Built 1952

Annual Tax Amount $1

Tax Year 2025

Property Sub-Type Duplex

Property Description

This newly renovated duplex is the Northside unit of a two-building condominium, which includes 2 duplexes connected by a breezeway. The Northside duplex features a spacious two-bedroom, one-bathroom unit on the second floor with all-new amenities, including a heat pump and central air conditioning. The new kitchen is outfitted with quartz countertops, stainless steel appliances, and vinyl flooring that runs throughout the unit. The bathroom boasts a walk-in tiled shower and double sinks, offering both style and functionality. The first floor offers a separate one-bedroom, one-bathroom unit with epoxy floors, new kitchen with stainless steel appliances and quartz countertops, and a mini split system providing both heat and air conditioning. The property includes a one-car garage and off-street parking for three or more vehicles. Recent updates to the building include a new roof, windows, vinyl siding, electrical, plumbing and heating and air. This duplex is being sold fully furnished and fully equipped including blinds and tvs, making it an excellent turnkey opportunity for investors or those looking for a second home. Current bookings are in places for the 2025 rental season. In 2024, the combined summer and winter rental income for both units approached $65,000, highlighting the property's strong income potential.

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Corner

Rooms

Other Rooms Dining Area, Eat In Kitchen

Basement Slab

Interior

Heating Electric

Exterior

Exterior Feature Masonry/Block, Vinyl

Parking Features One Car, Attached Garage, Auto Door Opener

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by Compass New Jersey-Ocean City

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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1140 Simpson Ave

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