NJ > Ocean City
Ocean City, NJ 08226,605 3rd Street
Ocean City, NJ 08226,605 3rd Street
Ocean City, NJ 08226,605 3rd Street
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$2,299,000
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605 3rd Street 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 4 - 10 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 599651

Annual Tax Amount $6,155

Tax Year 2024

Property Sub-Type 4 - 10 Units

Property Description

Welcome to 605 Third Street, Ocean City, NJ! An exceptional investment opportunity in one of the Jersey Shore's most desirable communities. This versatile property features five total units across a charming mix of layouts: One 3BD / 1BA - Three 2BD / 1BA - One 1BD cottage With 8 off-street parking spots—a rare and highly sought-after amenity in Ocean City—this property combines convenience and long-term value. Currently generating almost $180,000 in gross annual income, this property provides strong cash flow with room for future upside. Recent updates include new siding and additional renovations, ensuring durability and curb appeal while leaving opportunities for further value-add improvements. Whether you're looking to expand your investment portfolio or secure a high-performing property in a prime beach town, 605 Third Street offers the perfect blend of location, income, and potential. Schedule your private showing today and experience the investment strength of Ocean City living!

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Northend

Interior

Heating Baseboard

Exterior

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by eXp Realty - Montclair

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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605 3rd Street

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