The Painted Lady Victorian Home (Off Market)

For Sale, 1,550,000 USD


816 Wesley Ave,

Property Type : Multi-Family Home

Property Style : Victorian - Queen Anne

Build Size : 5,694 ft² / 529 m²

Land Size : N/A

Bedroom : 13

Bathroom : 10

Half Bathroom : 1

MLS#: 538512


Property Description

This Ocean City Victorian multi-family beauty known as "The Painted Lady" is a "must see". Built in 1891 and carefully restored in 2019, it is also known as The Thomas S. Simmon's House. The main home offers six bedrooms and five full baths. Enter the upper house via the expansive and airy front wrap-around porch. The beautiful formal entry reflects the home's vintage character in the extensive woodwork, fixtures, staircase and hardwood floors. Past meets present in the tastefully designed interiors with glass doorknobs, new vintage switch plates, classic furniture pieces and stainless steel appliances, full baths with custom tile, granite and glass-enclosed bathing areas. Mechanicals are sound with a new heating-boiler unit recently installed; most of the windows have been replaced. Included with the main home are five additional apartments yielding an annual cash flow of approximately $72,000. Located on the first floor of the main house, there are 3 apartments: one 2 bedroom, 1 bath; one 1 bedroom, 1 bath, and a studio. A common yard sits between the main house and the rear cottage which has two apartments: one 1 bedroom, 1 bath; and one 3 bedroom, 1.5 bath.
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The Painted Lady Victorian Home, United States,New Jersey,Ocean City is a 5,694ft² Ocean City luxury Multi-Family Home listed for sale 1,550,000 USD. This high end Ocean City Multi-Family Home is comprised of 13 bedrooms and 10 baths. Find more luxury properties in Ocean City or search for luxury properties for sale in Ocean City.