Desirable duplex offering of 2 units in a favorable No. Wildwood location. First floor is 3 bedrooms, 2 baths with central air, heat, washer/dryer hook-up, front entrance and offered partially furnished. The second floor is a smaller 2 bedroom, 1 bath unit with a second floor entrance. As this duplex sits on a shared lot with 3 other unit owners it is classified as a condo which translates into ultra-low condo fees of $1200 for the 2 bedroom, and $2400 for the 3 bedroom for a total of $3600 a year practically unheard of for similiar priced condo units in another association. Condo fee also covers water/sewer and fire/hazard insurance. Best use is as a second or primary home on the 1st floor and rent out the second or rent out both year-round for a combined potential income of $24,000 plus utilities. Price offered is as a package price for the 2 units which can also be purchased separately (see MLS #178398 & 178399 ). Ideal opportunity offering excellent income potential for many years to come.
Listing courtesy of: RE/MAX at The Shore - Avalon
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.