Coldwell Banker Sol Needles - Cape May Real Estate Coldwell Banker Sol Needles - Cape May Real Estate
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Phone609-884-8428       Address512 Washington Mall, Cape May

817 Stockton Avenue, Cape May NJ - SOLD

Sold Price: $964,000
MLS: 204470     Beds: 8     Baths: 6     Type: Triplex     Lot: 35x105     Taxes: $6,608     DOM: 116 Days

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Welcome to 817 Stockton Avenue. This property consists 3 apartments located a short block to the beach. Keep as separate apartments or turn into a single family; whichever suits your needs. If you use the first floor unit for yourself you can rent the other two units and bring in about $58,000 in rental income. With ocean views from the 2nd and 3rd floor front rooms, this is your escape from the hustle and bustle of life for a more relaxed one by the beach. Enjoy the ocean breezes from the large wrap around front porches or tuck yourself away on one of the rear decks for some peace and quiet. All of the units have kitchens and two have a private rear deck. This property is well maintained by the current owners who do upgrades every year throughout the buildings. The exterior was painted in 2018, furnace and tankless hot water heater installed in 2019, porch roof replaced in 2019, main water lines replaced in 2017, fire system upgrade in 2017 and so much more! 817 – First Floor is a (2 Bedroom, 2 Bathroom) apartment with a large rear deck. 817 – Second Floor a (3 Bedroom, 2 Bathroom) unit with a new kitchen with granite counters. 817 – Third Floor is the entire third floor and offers (3 Bedrooms, 2 Bathrooms) and a rear deck. This property has a shared interior with access to the units or the first and third floors can access by the exterior back stairs. 2020 Rental Income is $82,825. The homeowner has not adjusted pricing in a few years so we’re looking at an even better 2021 with multiple weeks in each unit already rented with a rent increase. This is a fabulous opportunity for someone looking for their own piece of Cape May with a nice dose of rental income. Showings are by appointment only as this property rents weekly and nightly as vacation rentals. Additional information available such as; property disclosures, income/expenses and elevation certificates.
  • Deck  
  • Outside Shower  
  • Porch  
  • Sidewalks  
  • Eat In Kitchen  
  • Living Room  
  • Heat Fuel:Baseboard  
  • Heat Fuel:Gas Natural  
  • Heat Fuel:Multi-Zoned  
  • Water Heater:Gas  
  • Basement:Crawl Space  
  • Cooling:Other  
  • City  
Last Database Update: 2021-04-10 07:15:29
Let Coldwell Banker Sol Needles Real Estate be your buyer's agent for this listing. Listing is provided by COASTLINE REALTY, LLC. 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.
Coldwell Banker Sol Needles Real Estate - Cape May New Jersey
Call Today: 609-884-8428         512 Washington Mall, Cape May NJ
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