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$ 1,650,000
Est. payment | /mo
3 Beds
$ 1,650,000
Est. payment | /mo
3 Beds
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 597104
Bedrooms 3
Annual Tax Amount $6,273
Tax Year 2024
Property Sub-Type 4 - 10 Units
Property Description
Fully Renovated Multi-Family Property with Excellent Income Potential Exceptional investment opportunity! This completely renovated multi-family building features three residential units, one commercial unit, and two separate one-car garages. The property consists of two duplexes connected by a breezeway, offering versatile use and strong rental income. The northside duplex includes a 1-bedroom, 1-bath unit with an attached garage on the first floor, and a 2-bedroom, 1-bath unit on the second floor. The southside duplex features a ground-level commercial space with a private office, full bath, kitchenette, and an attached 1-car garage that is ideal for a small business or professional office plus a 3 bedroom 2 Bathroom on the 2nd Floor. Every unit has been tastefully renovated with brand-new kitchens, bathrooms, flooring, and appliances, and is being sold fully furnished and equipped. Major upgrades include all new heating, central air, plumbing, electric, roof, and siding which will provide peace of mind and reduced maintenance costs. Whether you're an investor looking for strong cash flow or a buyer seeking a live/rent opportunity, this turn-key property checks all the boxes.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Corner
Rooms
Other Rooms Dining Area, Eat In Kitchen, Laundry/Utility Rm
Basement Slab
Interior
Heating Electric, Forced Air, Gas-Natural, Heat Pump, Multi-Zoned
Exterior
Exterior Feature Masonry/Block, Vinyl
Parking Features Attached Garage, Auto Door Opener
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by Compass New Jersey-Ocean City
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