For Sale 61 Chapman, Somers Point, NJ, 08244

This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 will need work and could rent for approx. $2,000 when renovated. Unit 2 Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in \"as is\" condition. No Repairs will be made by seller.

This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 will need work and could rent for approx. $2,000 when renovated. Unit 2 Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in \"as is\" condition. No Repairs will be made by seller.

Location with a water view. Experience breathtaking skies at sunrise and panoramic views of Patcong Creek. This well maintained 3-bedroom,2 full bathroom, Cape Cod home is nestled on a peaceful cul-de-sac.With a thoughtful designed floor plan,this home features 3 bedrooms and 2 full baths on the main level. There is a full walk up second floor, with a BONUS ROOM offering endless possibilities for a spacious master bedroom or additional living space with spectacular views. Enjoy the serenity of nature and witness Eagles soaring overhead while taking in the inviting water views. The backyard offers an above ground pool,a deck running the length of the home,and much of the 1/3rd acre lot with a natural tree barrier home to some beautiful birds. There is a large paved driveway for multiple cars. This property sits high, you can stand in the crawl space.Elevation certification available in associated docs. The solar panels are owned and come with offering new Owners money back each quarter through SREC\'S (Solar Renewable Energy Certificate). Somers Point is the the gateway to the beach and all shore points. Somers Point offers some of the best restaurants, a historic bay district,recreational activities,Greate Bay Country Club, boating,and walk or ride your bike into Ocean City, SELLER MUST FIND SUITABLE HOUSING. Home is in good condition but being sold as is. Seller has made multiple improvements to prepare the home to pass along to the next lucky Owner to enjoy as much as they have. Take advantage of this unique opportunity to purchase your residence and become a valued member of this extraordinary community,where a few refinements will make this your ideal home. PLEASE DO NOT LET THE CAT OUT