344 Hampshire Drive, Ventnor City, NJ 08406

Ventnor City, NJ 08406
$849,000
6
beds
4
Baths
Other

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

This exquisitely-tastefully-classically updated duplex is in the heart of much-sought-after Ventnor City! Yours is now a 3-minute drive to the Jersey Shore. This is truly a jewel-of-a-find in Ventnor City. Two finely updated 3 bedroom - 2 full bathroom units. Each unit has been completely updated, with no expense spared in the updates. No detail in the full renovation has been left undone. Each unit equals a prime Jersey Shore opportunity to attain fabulous rental income PLUS incredible cash-flow. Spacious living rooms - individual dining rooms - modernized kitchens. Each master bedroom has two closets, plus an in-suit bathroom. Your oversized backyard creates the perfect setting for family fun, memories you create, weekend BBQ's and entertaining. Each unit has its own driveway. 3 words aptly apply: 1) Location, 2) location, and 3) location! Embrace your new beach lifestyle! It's a quick 10-minute Uber ride to Atlantic City casinos, and Atlantic City nightlife. We are making this unique opportunity available to you with a bonus too: EACH UNIT COMES FULLY FURNISHED. From your Jersey Shore decor to the new beds in the bedrooms. Move right into your new beach house and start writing the storyline to your own Ventnor City take. Option "A": Live in one unit and rent the other unit. Option "B": Rent out both units, and you now own a "blue-chip" investment. The Seller now uses the home with the Option "A" live-in/rent-one-unit setup...receiving $85K in annual rental income to offset monthly housing payments. This is a rare real estate opportunity in Ventnor City that compares very favorably to other houses you may will find. For the savvy investor, or for the buyer who longs to live in Ventnor City while using rental income to lower housing costs, this is it! Don't delay. This home will not be on the market long. Schedule your showing today!
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PROPERTY DETAILS

  • Property Type
    Other
  • MONTHLY REAL ESTATE TAX
    $644
  • ANNUAL REAL ESTATE TAX
    $7,726
  • Year Built
    1972
  • MLS/Listing ID
    22332026

BUILDING/PROPERTY DETAILS

  • Waterfront
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Listing Courtesy of EXIT Realty East Coast Shirvanian, Mary Hart - 732-946-2000