Ocean City, NJ 08226,807 E 8th #402
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Ocean City, NJ 08226,807 E 8th #402
Ocean City, NJ 08226,807 E 8th #402
Ocean City, NJ 08226,807 E 8th #402
Ocean City, NJ 08226,807 E 8th #402
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$ 185,000
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807 E 8th #402 Ocean City, NJ 08226

1 Bath


UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

MLS Listing ID 602511

Full Baths 1

Annual Tax Amount $675

Tax Year 2024

Property Sub-Type Condo

Property Description

Don't miss this fully furnished studio in the Hanscom, just steps from the beach! Rented year-round, it generated nearly $36,000 in gross income in 2024 and over $25,000 in 2025, making it one of the building's most profitable rentals. The studio is a well-known rental in the building, with a dedicated website that drives strong traffic and generates consistent inquiries and bookings - a benefit a new owner could immediately take advantage of. Inside, it features original flooring, a new AC, full bathroom, kitchenette, dining area, and storage closet, creating a low-maintenance beachside retreat. The building offers a lobby, sitting area, elevator access, on-site laundry, and private storage for each unit. A low HOA fee covers utilities, building amenities and maintenance, insurance, and WiFi, with electric as the only separate expense. This is a cash-only purchase, as financing is not available. Conveniently located within walking distance of Sundae's Ice Cream Shop, bike rentals, the OC Waterpark, shops, dining, and the boardwalk, this studio is ready to provide dependable rental income or serve as your own vacation getaway.

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Beach Block,Boardwalk Area

Rooms

Other Rooms Dining Area

Interior

Heating Baseboard, Electric

Exterior

Parking Features None

Building

Story Six to Ten

Sewer Public Sewer

Water Public Water

Others

Senior Community No


South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-109 34th OC
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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807 E 8th #402