1516 and 1520 Route 83

Description

Incredible opportunity for multi family residences. This unique property currently produces $30,000 in annual income with additional potential. It is rare to find sub-dividable acreage this close to Avalon & Sea Isle beaches, Route 9 and GS Parkway entrances, schools and shopping. Three acre parcel (known as 1516 Route 83) includes maintenance free Cape Cod and full second floor in-laws apartment. Also included in the sale is a 7.5 acre parcel (known as 1520 Route 83) with a state of the art horse barn AND newly installed septic for a 3 BR house. Built in 2016, the Cape Cod features an open floor plan consisting of living room, dining area, kitchen with island, stainless appliances, Corian countertops, hardwood floors, French doors to rear deck. First floor Master BR with ensuite bath, including large walk-in tile shower. Two additional first floor BRs with handicapped accessible guest bath. Upstairs, from both an inside and outside entrance, there is a spacious, 2 BR, 1 bath apartment with large kitchen, living room, bonus room and second story deck. For the professional horse person or hobbyist, a gorgeous 13 stall state-of-the-art barn containing numerous amenities. Large, matted stalls, concrete center aisle, wash stall with hot & cold water, grooming stall, office with kitchenette, heat and air conditioning, tack room with heat and air, feed room, 2 bathrooms (one handicapped accessible with shower), laundry room and work/storage room. Two sand riding rings and 10 paddocks surrounded by wood fencing. Additional garage for storage. Charming building with frontage on Route 83 perfect for hobbies, workshop or home based business? Possibility of building an indoor riding arena. Current use of the property is horse boarding and equine therapy program. Parcels are zoned village residential, each parcel is sub-dividable.