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$ 2,950,000
Est. payment | /mo
4 Baths
$ 2,950,000
Est. payment | /mo
4 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 596890
Full Baths 4
Annual Tax Amount $9,471
Tax Year 2024
Property Sub-Type Duplex
Property Description
Welcome to 1061 Asbury Ave, one of Ocean City's premier mixed use buildings in the downtown Asbury Area. This sale is for **Real Estate ONLY** and does NOT include the sale of Starbucks business in any way, shape, or form. The first floor is a commercial unit with a well established, premier tenant on a long term lease and the second floor is a gorgeous 4 bedroom, 2 bathroom condo with an amazing outdoor space, perfect for entertaining. This unit is currently being used as a short term rental with some 2025 rentals in place. There is one off-street parking spot for the commercial unit and two off-street parking spots for the residential unit so no need to worry about parking! Sit back and enjoy steady long term rent from your commercial tenant while you maximize the rental income in the short term market upstairs! Don't sleep on this one because it won't last!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Corner
Rooms
Other Rooms Dining Area, Kitchen, Living Room
Basement Slab
Interior
Heating Gas-Natural, Multi-Zoned
Exterior
Exterior Feature Stucco, Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Virtual Tour https://youtu.be/BCDXsqVZ39Y?si=wU7tI-QLoikSly85
Listed by Keller Williams Realty Jersey Shore-Ocean City