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For Sale 220 Hand, Cape May Court House, NJ, 08210

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220 Hand, Cape May Court House, NJ, 08210

$674,995

  • Buyer Agent Compensation: N/A
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  • Triplex

  • 0

  • 0

Turnkey Investment Opportunity in the Heart of Cape May Court House Welcome to 220 Hand Ave, a fully renovated triplex located in the desirable Middle Township School District. Just minutes from the best that Cape May County has to offer, this income-producing property is perfect for investors seeking immediate cash flow. It’s also a great opportunity for the discerning buyer looking for a primary home with built-in cash flows. This well-maintained building features three fully leased units: Two 1-bedroom/1-bath units on the first floor One spacious 2-bedroom/1-bath unit on the second floor Each unit has been thoughtfully updated with: Modern white cabinetry and quartz countertops Stainless steel appliances and recessed lighting In-unit washer/dryer Durable vinyl flooring throughout Gas heat and central air for year-round comfort Additional highlights include a large driveway with ample parking and 3 separate side entrances for each unit. The property currently generates approximately $50,000 annually, with potential to increase rents to current market rates: 1-bedroom units: up to $1,700/month 2-bedroom unit: up to $1,900/month This presents a fantastic opportunity to own a fully rented, low-maintenance investment property with upside potential. Schedule your private showing today and start earning from day one!

Listing courtesy of: Houwzer LLC
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 1934
Lot Size 6001 to 10000 SqFt
Tax 5155.00
SQFT
OutsideFeaturesOther (See Remarks)
OtherRoomsLiving Room, Kitchen, Laundry/Utility Room
HeatingGas Natural, Forced Air
HotWaterGas
SewerPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 7350
# Units 3
Tax Year 2024
Area Cape May Court House
ParkingGarageConcrete Driveway
BasementPartial
CoolingCentral Air, Electric
WaterPublic
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