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Listing 16 out of 127
$184,900 Under Contract

309 E Pacific Avenue
Cape May Court House, NJ 08210

2 units | Multi Family Home - MLS# 185303
Property Photo
1/5

Description

Owner has requested, NO More Showings At This Time. INVESTOR ALERT - this Duplex is priced BELOW APPRAISAL VALUE! These upstairs & downstairs identical twin units both have 3 bedrooms, 1.5 bathrooms. An Eat-in-kitchen, living room and large laundry/storage area complete each unit. Both units have newer Energy Efficient Windows. There is a nice back yard, shared parking area with enough room for 8-10 cars and 2 separate lockable exterior storage units. Located on the east side of the parkway, this property is a short drive to Stone Harbor, Avalon & Wildwood bays & beaches. It is also just a few blocks to Laguna Oaks Golf Course & Middle Township Performing Arts Center. Each unit is currently occupied by long term tenants with great rental history. Each tenant pays for their own utilities with separate oil tanks, electric meters, water heaters & cable service. Current owner pays water, sewer & taxes. Both tenants are on month to month leases, so the new owner will have the flexibility to keep these great tenants while still moving the rents closer to current rental values. Another option is the "Live for Free" option... that is move into one, while collecting rent on the other. After 30 years, this duplex is ready for a new owner. Don't let this tremendous investment opportunity pass you by! Note: 48 Hour Notice Needed for all Showings - To schedule a showing, please call to email your client's Pre-Approval or, if paying cash, Proof of Funds (Letter of Authorization)

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Under Contract
  • County/Area: Cape May County
  • Zip Code: 08210
  • Year Built: 1975
  • Sq.Ft.: 2,392 sq ft
  • Units: 2 units
  • Basement: Crawl Space
  • Lot Size: 10001 To 20000 Sqft
  • Zoning: 2S-F-SH
  • Heating: Oil, Hot Water
  • Hot Water: Electric
  • Location: Mainland
  • Near: Middle School
  • Other Rooms: Living Room, Eat In Kitchen, Laundry/Utility Room
  • Outside Features: Deck, Porch, Storage Building, Cable TV
  • Parking: Shared Driveway
  • Sale/Rent: For Sale
  • Selling Agent: Maureen Harris, Crs, Gri
  • Selling Office: Century 21 Gilmartin & Co
  • Separate Meter: Electric, Heat, Hot Water
  • Sewer: Public
  • Unit 1: 1-Bath, 1-Lav, 7-Room, 3-Bed
  • Unit 2: 1-Lav, 1-Bath, 7-Room, 3-Bed
  • Water: City
Courtesy of Listings Real Estate, Llc
Bill Hand
H N Hand Realtors

106 South Main Street
Cape May Court House, NJ 08210
Office: 609-465-5978
Cell: 609-827-6336
Fax: 609-465-4921
Email: hnhand@comcast.net

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