Charlie Tang - Coldwell Banker Hearthside
512 E 8th Street
Ocean City, NJ 08226

$1,600,000

Description

JUST REDUCED- BRING ALL OFFERS! Ocean City's version of "Union League"! This once famous "Riverboat Club" originally functioned as private social club for Ocean City's & State of NJ's business entrepreneurs, political elites & socialites for most of its existence. Recently restored & transformed into one of Ocean City's rare One-Of-A-Kind largest single family mansion homes, it has unlimited potential to generate various streams of investment rental income including summer weekly rentals for large or multiple families; desirable "Special Events" venue for weddings & celebrations; plus bonus of 2-commercial grnd fl units. Building is treasure trove of architectural delights; sweeping balconies, turrets, columns & pitched rooflines. Restored 8,000 sqft property consists of residential mansion featuring grand living room & family room; restored fireplace; social bar/entertainment area; brand new custom kitchen; gorgeous restored hardwood floors & preserved original chestnut hardwood trim, wainscoting & stained glass windows throughout; 8 sleeping bedrooms/4.5 baths on 2nd/3rd floors (sleeps 19+); bonus rooms throughout property; multiple wrap around outdoor porches; new front doors; brand new fire suppression system; private 10-car parking lot & 2-commercial renovated office spaces ready for lease, suitable for any office, company operation, retailer, or additional private space to be utilized at sole discretion of lucky upcoming new owner. Call now & SUBMIT YOUR OFFER TODAY!

Details

MLS#500083
Sub-TypeResale
StatusActive
Year1903
Days On Site201

Features

Units3
Building(s)1

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Area Information

StateNJ
CountyCape May
CityOcean City
Zip Code08226
AreaOcean City/Central
Listing VS Median (in 08226)
Price:
$1,600,000
low | high
Med:
$605,000
100% of Average
On Site:
201
low | high
Med:
52
100% of Average
Listing Updated: 08/19/2018
MLS Number: 500083
Listing Provided By:
KRISTINA DOLISZNY  of  KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City