Description
Great investment opportunity! $100,000+ proven yearly income with potential for $130,000. Large 60 x 100 townhome-buildable lot. This turn-key 4-unit property has earned $100,000+ in income on Airbnb the last 3 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent and you can easily make $120,000-$130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included and all the units are proven, year-round moneymakers. Guests love the huge fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A/C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A/C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A/C. Newer roof and siding.
-
0BEDS
-
1 to 6000 SqFtACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Great investment opportunity! $100,000+ proven yearly income with potential for $130,000. Large 60 x 100 townhome-buildable lot. This turn-key 4-unit property has earned $100,000+ in income on Airbnb the last 3 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent and you can easily make $120,000-$130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included and all the units are proven, year-round moneymakers. Guests love the huge fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A/C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A/C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A/C. Newer roof and siding.
Listing information © 2023 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or Daniels Realty. 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 2023-09-25T23:49:49.317.