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$1,250,000

11 N Weymouth Ave

Ventnor, New Jersey, 08406, United States

About the Property

Positioned just one block from the beach and one block from the bay, this fully furnished duplex in the heart of Ventnor offers a rare combination of immediate cash flow and long-term upside. Located within the citys most active rental corridor, this is a true turnkey asset with an established income stream and professional property management already in placeallowing for a seamless, hands-off transition. The property generates up to 80,000 annually across two separate units, blending short-term and long-term rental strategies for year-round performance. The two-bedroom, one-bath unit produces stable monthly income of approximately 2,000, while the larger four-bedroom, two-bath unit commands 430450 per night in season, with peak rates reaching up to 1,000 per night during high-demand holidays. Off-season monthly rentals between 2,5003,000 help maintain consistent cash flow beyond the summer months. The home has been fully updated and is delivered furnished, eliminating upfront capital expenditures and allowing for immediate revenue capture. Interior improvements include renovated bathrooms, updated kitchen finishes with stainless steel appliances, and in-unit laundryfeatures that support both premium rental rates and strong occupancy. Outdoor amenities further enhance rental appeal, including multiple decks and a private outdoor showerkey features for shore tenants. A significant competitive advantage in this market is the inclusion of both a private driveway and a detached garage, a rare find in Ventnor that directly impacts rental desirability and pricing power. The location supports strong and consistent demand, with walkable access to Dorset Avenue, local retail, dining, and essential amenities, while also providing convenient connectivity to major regional routes including the Garden State Parkway and Atlantic City Expressway. Beyond current performance, the property offers clear value-add potential. Options include condo conversion, expansion with a possible third story, or reconfiguration to further increase rental income and overall asset value. With limited inventory in this submarketespecially properties offering parking and scalethis asset is well-positioned for both appreciation and income growth. This is a stabilized, income-producing coastal investment with operational infrastructure already in place and multiple avenues for future upside.

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Property Type
Residential
VentnorNew Jersey
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Ventnor, New Jersey, 08406, United States
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