Seven units housed in three buildings create a rare and unique opportunity to experience oceanfront living at its best. After years of planning recent renovations were completed with both the present and future in mind while preserving the charm and authenticity of the properties. Improvements creating generous onsite parking and dynamic ocean views which are protected into the future. An opportunity with great potential for rental income and the room to grow and expand. An outstanding summer home with the real ability to convert to year round living. Walk the beach every morning. Retire to the oceanfront; you will not believe it until you see it. Location, Location, Location.
Each of the three buildings has multiple units. There are two and three bedroom units each with full kitchen, bathroom, living room and wonderful ocean view porches. All units have generous off-street parking, most with two car garages. All utilities and services including gas, electric, water, sewer and cable have been taken underground. This has improved the overall appearance of the property as well as positioning the property to better cope with the weather in all seasons.
Each unit has maintained a very successful rental history with a large repeat customer base. Many customers have been renting for over ten years, several over twenty five years. The peak rental season runs from Memorial Day through the end of September. One unit (27) is considered year round, the others can be converted to year round with renovations.
27 Concord Avenue is a building containing 3 condominium units (27, 27 N and 27 S). The 3 units will be sold together as 1 building. The price for all three units combined is $1,500,000.00
25 Concord Avenue is a building containing 2 condominium units (25 and 23). The 2 units will be sold together as 1 building. The price for both units combined is $1,500,000.00
21 Concord Avenue is a building containing 2 condominium units (21 and 21R). The 2 units will be sold together as 1 building. The price for both units combined is $950,000.00
Each of the units are part of The Island Beach Condominium complex located oceanfront on Concord Avenue.