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    817 Stockton

    Cape May, NJ 08204
    • $986,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 204470
    $986,000
    • 0
      BEDS
    • 1 to 6000 SqFt
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    Area:

    School Ratings & Info

    Description

    Welcome to 817 Stockton Avenue. This property consists 3 apartments located a short block to the beach. Keep as separate apartments or turn into a single family; whichever suits your needs. If you use the first floor unit for yourself you can rent the other two units and bring in about $58,000 in rental income. With ocean views from the 2nd and 3rd floor front rooms, this is your escape from the hustle and bustle of life for a more relaxed one by the beach. Enjoy the ocean breezes from the large wrap around front porches or tuck yourself away on one of the rear decks for some peace and quiet. All of the units have kitchens and two have a private rear deck. This property is well maintained by the current owners who do upgrades every year throughout the buildings. The exterior was painted in 2018, furnace and tankless hot water heater installed in 2019, porch roof replaced in 2019, main water lines replaced in 2017, fire system upgrade in 2017 and so much more! 817 First Floor is a (2 Bedroom, 2 Bathroom) apartment with a large rear deck. 817 Second Floor a (3 Bedroom, 2 Bathroom) unit with a new kitchen with granite counters. 817 Third Floor is the entire third floor and offers (3 Bedrooms, 2 Bathrooms) and a rear deck. This property has a shared interior with access to the units or the first and third floors can access by the exterior back stairs. 2020 Rental Income is $82,825. The homeowner has not adjusted pricing in a few years so were looking at an even better 2021 with multiple weeks in each unit already rented with a rent increase. This is a fabulous opportunity for someone looking for their own piece of Cape May with a nice dose of rental income. Showings are by appointment only as this property rents weekly and nightly as vacation rentals. Additional information available such as; property disclosures, income/expenses and elevation certificates.

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    Listing information © 2021 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-26T23:49:39.57.
    www.theoceansiderealtyteam.com/homes/111923809
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    817 Stockton Cape May, NJ 08204

    • Price: $986,000
    • Status: Active
    • MLS #: 204470
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1 to 6000 SqFt
    Acres
    1890
    Built
    Neighborhood:
    02-Cape May City
    Area:
    Cape May
    Property Description
    Welcome to 817 Stockton Avenue. This property consists 3 apartments located a short block to the beach. Keep as separate apartments or turn into a single family; whichever suits your needs. If you use the first floor unit for yourself you can rent the other two units and bring in about $58,000 in rental income. With ocean views from the 2nd and 3rd floor front rooms, this is your escape from the hustle and bustle of life for a more relaxed one by the beach. Enjoy the ocean breezes from the large wrap around front porches or tuck yourself away on one of the rear decks for some peace and quiet. All of the units have kitchens and two have a private rear deck. This property is well maintained by the current owners who do upgrades every year throughout the buildings. The exterior was painted in 2018, furnace and tankless hot water heater installed in 2019, porch roof replaced in 2019, main water lines replaced in 2017, fire system upgrade in 2017 and so much more! 817 First Floor is a (2 Bedroom, 2 Bathroom) apartment with a large rear deck. 817 Second Floor a (3 Bedroom, 2 Bathroom) unit with a new kitchen with granite counters. 817 Third Floor is the entire third floor and offers (3 Bedrooms, 2 Bathrooms) and a rear deck. This property has a shared interior with access to the units or the first and third floors can access by the exterior back stairs. 2020 Rental Income is $82,825. The homeowner has not adjusted pricing in a few years so were looking at an even better 2021 with multiple weeks in each unit already rented with a rent increase. This is a fabulous opportunity for someone looking for their own piece of Cape May with a nice dose of rental income. Showings are by appointment only as this property rents weekly and nightly as vacation rentals. Additional information available such as; property disclosures, income/expenses and elevation certificates.
    Exterior Features

    Location Water View Lot Size 35X105 Outside Features DeckPorchSidewalksOutside Shower

    Interior Features

    Also Included CurtainsBlindsRugsFurniture Basement Crawl Space Cooling Other Heating Gas NaturalBaseboardMulti-Zoned Hot Water Gas Other Rooms Living RoomEat In Kitchen Unit1 Baths 2 Unit1 Bedrooms 2 Unit1 Lavs 0 Unit1 Rooms 4 Unit2 Baths 2 Unit2 Bedrooms 3 Unit2 Lavs 0 Unit2 Rooms 4 Unit3 Baths 2 Unit3 Bedrooms 3 Unit3 Lavs 0 Unit3 Rooms 4 Unit5 Lavs 0 Unit6 Lavs 0 Unit7 Lavs 0

    Property Features

    Available Income Expense InfoInventoryLease InformationUtility Information Bank Owned No Beach Proximity 1 Block Multifamily Type Triplex Near Beach New Construction No Possession Leases Sewer City Subject To Third Party Approval No Suitable For Multi Family+Rooms Tax Year 2020 Taxes 6608 Unit1 Number 817-1 Unit2 Number 817-2 Unit3 Number 817-3 Water City Zoned 4C

    © 2021 Cape May County Association of REALTORS® MLS. All Rights Reserved.
    Listing provided courtesy of Coastline Realty, Llc.


    Listing information © 2021 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-26T23:49:39.57.
     
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