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$3,195,000
22 Days On Site

816 Wesley
Ocean City, NJ 08226

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,694
SqFt
$561
/SqFt
County:
Cape May

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816 Wesley816 Wesley816 Wesley816 Wesley
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The Painted Lady, built in 1891, is truly one of a kind and an iconic part of Ocean City’s historic charm. This stunning Victorian single-family home, also known as The Thomas S. Simmons House, offers over 5,600 square feet of living space and was thoughtfully restored in 2019 while preserving its timeless character and elegance. The main home features 6 bedrooms, including a beautiful primary suite, and 3.5 baths. A spacious, cozy wraparound front porch — one of the finest in Ocean City — welcomes you into a formal entry showcasing the home’s exquisite vintage craftsmanship, including extensive woodwork, original fixtures, a grand staircase, hardwood floors, glass doorknobs, and classic switch plates. The interior is tastefully appointed with a blend of historic charm and modern comfort, featuring an updated eat-in kitchen with stainless steel appliances, granite countertops, a large center island, formal dining room, elegant parlor with piano, office, and beautifully remodeled baths with custom tile, elevated granite-top vanities, and glass-enclosed showers. Additional highlights include gas hot water baseboard heat, all-new electric, a tankless water heater, newer windows, and more. One of the property’s rarest features is the large, shaded outdoor entertaining area complete with a paved patio perfect for barbecuing, dining, and relaxing, along with a 2-car paver driveway and enclosed outdoor shower. Bonus for investors: the property also includes five additional apartments consisting of Rear Duplex G1 with 1 bedroom and 1 bath, G2 with 3 bedrooms and 1.5 baths, Apartment A with 2 bedrooms and 1 bath, Apartment B with 1 bedroom and 1 bath, and Apartment C, an efficiency unit. Attached to the listing is the current rental information for all six units. Potential seasonal rental income exceeds $150,000 annually. Historic charm, an unbeatable location just moments from the beach, boardwalk, and downtown, plus exceptional rental income potential! See you at The Painted Lady!

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Listing Snapshot
Price 
$3,195,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,694 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
608134
Status 
Active
Property Tax 
$6,777
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Parking 
ConcreteDriveway
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
DryerRefrigeratorGas CooktopWasher
Cooling 
Ceiling Fan(s)Central Air
Heating 
Forced AirHot WaterNatural Gas
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Vinyl Siding
Windows/Doors 
Insulated Windows
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of BHHS FOX and ROACH-Simpson OC

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the South Jersey Shore Regional MLS. Source: South Jersey Shore Regional MLS ©

Neighborhood & Commute
Source: Walkscore
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