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For Sale 220 Frances, Villas, NJ, 08251

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220 Frances, Villas, NJ, 08251 Main Picture 220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture220 Frances, Villas, NJ, 08251 Aditional Picture

220 Frances, Villas, NJ, 08251

$550,000

  • Four-Plex

  • 0

  • 0

MONEY MAKING OPPORTUNITY – Multi-Family, Four-Plex located in highly sought after residential neighborhood just 4 houses from the Delaware Bay! The new owner of this apartment building will enjoy the benefits of positive cash flow every month. Each apartment is separately metered and the tenants pay for their own utilities. Owner pays sewer & water. Recent owner upgrades include a new roof and gutters in 2021. New windows in Units 1,2, and 4. Unit 1 has new cabinets and a new tub. Unit 2 was fully remodeled including a new kitchen, bath, and flooring. Unit 4 has been updated with a new kitchen and bath. On the property is a separate detached garage that could potentially generate additional revenue once renovated. Fantastic location, great business opportunity, with potential for future development given proximity the bay.

Listing courtesy of: CENTURY 21 ALLIANCE - NCM
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.
Total Rooms
Full Bath 0
# of Stories
Year Build 1957
Lot Size 6001 to 10000 SqFt
Tax 3530.00
SQFT
ParkingGarageStone Driveway
HeatingElectric
HotWaterElectric
SewerCity
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 100 x 100
# Units 4
Tax Year 2021
Area Villas
BasementCrawl Space
CoolingWall Air Conditioning
WaterCity
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