$1,160,000
$1,178,900
1.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
SOLD DATE : 12/04/2020
Key Details
Sold Price $1,160,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202366
Sold Date 12/04/20
Bedrooms 3
Full Baths 3
Condo Fees $1,650/qua
Year Built 1983
Annual Tax Amount $7,402
Tax Year 2020
Property Sub-Type Condo
Property Description
ATTENTION INVESTORS!! An amazing opportunity to own in one of the most sought-after condominium complexes in all of Cape May – Philadelphia Beach! You can't get closer to the Ocean! This Luxury 4-level townhouse offers 3 bedrooms and 3 full baths with incomparable ocean and beach views. Sit back on one of your three (3!) decks overlooking the Atlantic and enjoy the ocean breeze. This unit has a very strong rental history over the years. Gross income for 2019 was $73,000.00 and is on schedule for a gross income figure of $76,000.00 for 2020. First level is the 0ne-car garage with hot-water heater and entry foyer with large closet, up ½ level is a bedroom with two twin beds, large closet and second closet containing HVAC air-handler. A full bath with stall shower is located on this level right outside bedroom. Proceed to the next level and you will find the great room with cathedral ceilings, gas fireplace , mounted flat screen tv and plenty of seating. From the great room you have two (2) decks overlooking the Ocean; Continue up to the next level, that overlooks the great room and provides the open concept, and you will find the dining room and gourmet kitchen with stainless steel appliances and granite countertops .The dining area provides seating for 8 guests and has a wall of windows to take in the ocean views. The final level has two beautiful King en-suites each with private bath and both with Ocean views. The larger having a tile bath with large walk in tiled shower with seat and river rock floor and frameless glass door ensemble. This master bedroom has two closets (one of which is used as an owners closet) as well as a private deck to view the Ocean. The second Master has a tile bath with bathtub/shower combination. Plenty of closet storage too! Great rental investment with guests who return every year. This is THE TIME to invest in Cape May.
Location
State NJ
County Cape May
Area Cape May
Location Details Beach Front,Corner
Interior
Hot Water Gas
Building
Lot Description Beach Front, Corner
Story Four
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
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