This is the one!! Three stories of pure investment property one block from the beach. This property features a dozen bedrooms capable of sleeping up to 40 students or converted into single rooms as you see the full potential of these units. The top two floors are completely furnished and ready to be rented. The first floor is a clean slate waiting for the right investor to create any space they see fit. Huge common areas for socializing and screened in decks on top floors for beautiful summer nights. This building has unlimited potential and can show a solid rental history netting over 80k per season. Sitting on a very large lot with a one block walk to the wildwood beaches this beauty is sure to move quickly as these large homes are becoming quite rare in the Wildwoods! Come see this investment special while its available.
SUITABLE FOR:
Multi Family+Rooms
Rooming House
OUTSIDE FEATURES:
Patio
Deck
Enclosed/Cov. Patio
Porch
Screened Porch
SHOW INFORMATION:
Appoinment Only
Contact Listing Broker
COOLING:
Wall Air Conditioning
Gas
FINANCING AVAILABLE:
Conventional
AVAILABLE:
Income Expense Info
Let Coldwell Banker James C Otton Real Estate - SH be your buyer agent for this listing. Listing is provided by SEA ISLE REALTY and Cape May County MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.