Remarks:

Beach block first floor condo located in the popular Merrimac building. Prime Avalon NJ location convenient to wonderful restaurants, recreation facilities, and of course a wide beach! Unit 105 offers easy access to the on-site heated saltwater pool. Outdoor amenities include lounge chairs around the pool and a BBQ area. The interior is all NEW! The custom kitchen features a sleek cooktop, a combo convection microwave oven, and full size refrigerator (Zline brand). Durable compressed wood flooring and attractive shiplap ceilings throughout. There is an out cove with built-in twin-size bunks. The stack washer and dryer is located in an adjacent closet. A stall shower bathroom is also in this area. The primary bedroom has a King size bed, separate AC unit and a wall mounted TV. To be sold completely fully furnished and equipped. Assigned parking for Unit 105 is in the back lot with a pass-through walkway to the front door. Rinse off area is located on the east side of the building near the pool. The owner's lounge is an optional space for entertaining guests, and features a full bathroom, TV and kitchen. Well managed association. Condo fees include water, sewer, cable, insurances, and year-round property management. Entire complex was extensively renovated in 2019 (original structure was built in 1966). Unit 105 is a weekly vacation rental with leases in place for the summer. Based on current reservations (6 weeks booked as of 3/27/25) and past history, the gross rental income is estimated to be $35,000+. Leases and rental income transfer as of settlement!

PROPERTY FEATURES

* LOCATION       Beach Block   * UNIT LOCATION       First Floor       Pool View   * COMMON AREA FEATURES       Patio       Cable TV       Pool       Clubhouse/Clubroom   * ALSO INCLUDED       Blinds       Furniture   * PARKING       1 Car       Assigned Parking

* OTHER ROOMS       Living Room       Kitchen       Breakfast Nook       Laundry/Utility Room       Storage Space       1st Floor Master Bedroom   * UNIT FEATURES       Hardwood Floors   * APPLIANCES INCLUDED       Microwave Oven       Refrigerator       Washer       Dryer       Smoke/Fire Detector

* HEATING       Electric       Baseboard       Space/Wall/Floor   * WATER       City   * SEWER       City   * COOLING       Electric       Wall Air Conditioning   * HOT WATER       Electric