$277,000
$289,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
SOLD DATE : 10/08/2019
Key Details
Sold Price $277,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 188610
Sold Date 10/08/19
Bedrooms 5
Year Built 1940
Annual Tax Amount $4,015
Lot Dimensions 45 x 100
Property Sub-Type Triplex
Property Description
Excellent opportunity to invest in an income producing property. There are 3 total units. Unit A offers 2 BR/1 BA and has a seasonal tenant paying $800 per month, plus gas and electric. Unit B offers 2 BR/1 BA, with the tenant paying $950 per month, plus electric. Unit C is 1 BR/1 BA, obtaining $700 per month rent, plus electric. The tenants in Unit C is currently on a month to month lease, but will renew for another year. The seller pays the gas on units B and C due to there being a shared gas meter. All units pay for their own cable and WiFi. This is an excellent opportunity to own an affordable home at the shore. Home is being offered in AS-IS condition.
Location
State NJ
County Cape May County
Area Wildwood Crest
Rooms
Other Rooms Living Room, Kitchen
Interior
Hot Water Gas
Heating Gas Natural, Baseboard, Hot Water, Multi-Zoned
Building
Sewer City
Water City
New Construction No
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Bought with LONG & FOSTER REAL ESTATE, INC nww
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