$ 1,400,000
-
$1,400,000
Price -
5
Bed -
3
Bath -
1,565
SqFt -
0.03
Acre
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Open House Times
- Sun. Nov. 15 at 1:00pm to 3:00pm
About the Listing 61060 - 3168678
CALLING ALL CONTRACTORS AND INVESTORS - RARE INVESTMENT OPPORTUNITY TO PURCHASE AS A TEARDOWN AND NEW BUILD OR AN INVESTMENT PROPERTY WITH EXCELLENT RENTAL INCOME IN A PRIME NORTH END ISLAND LOCATION! Just steps from the beach and boardwalk, this exceptional Tri-Plex presents a rare opportunity in a highly desirable island location! Whether you're looking to maximize rental income by leasing all three units, enjoy your own coastal retreat while renting the other two units, or explore the potential for a complete teardown and new construction, this property offers incredible versatility for investors, builders, and buyers alike. The property features three separate units: the main-level unit offers two bedrooms and one full bath; the second-floor unit features two bedrooms and one full bath; and the third-floor studio includes a bedroom and full bath. Each unit boasts its own family room, full kitchen, and dining area. All three units are fully furnished and equipped and have enjoyed a strong rental history, having been fully rented over the past several years. Additional features include newer fiberglass decks for each unit, gas heat, central air conditioning, hardwood flooring, newer roof and siding, and a washer and dryer in each unit. All three units are separately metered for gas and electric, with water expenses split equally among the tenants. The possibilities are endless with this unique property in a PRIME LOCATION! Whether you envision an income-producing investment, a personal beach getaway, or a future redevelopment opportunity, this is an offering you won't want to miss. Showings are easy to schedule, with only the third-floor unit currently occupied. Opportunities like this are rare—schedule your private tour today!
Listing Highlights for 806 Delancey Pl
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
NJCM2008402
Year Built
1920
Total Square Footage
1,565
Lot/Acreage
0.03
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Programmable Thermostat,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1565
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 1
- Zoning:
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,On Street,1+ Spaces
Financial Details
- Tax Amount: $5,040
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
806 Delancey Pl Ocean City, NJ 08226
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