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933 Washington Street

Cape May, NJ 08204
  • $2,980,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 240688
$2,980,000
  • 0
    BEDS
  • 10001 to 20000 SqFt
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1876
Area:

School Ratings & Info

Description

An extremely flexible opportunity that doesnt come along very often! The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue is now available. An ideal elevated location with easy access to Madison Avenue beach, the Washington Street Mall and many fine restaurants. This fabulous property is currently operating as four seasonal rental apartments with spacious Owners Quarters. But, because of its unusual flexibility, some alternate uses include conversion back to a magnificent single-family vacation home, a condominium conversion to five units or rental of all five units to increase your income even more. Also can be utilized in any number of combinations, increasing or decreasing the size of the Owners Quarters as needed over the years. The front of this stately Victorian home is situated a comfortable distance from quiet tree lined Washington Street and framed by a coordinating and historically correct custom built picket fence. Also surrounding the house are beautiful gardens admired by passersby for their restful beauty. The spacious driveway/parking is accessed from Madison Avenue and will accommodate six vehicles hidden from view. All of the apartments are accessed from the rear through dedicated entrances and sun decks. A very private fenced outdoor oasis can also be found behind the house and the custom outdoor shower/bath must be seen to be believed. Even more amazing outdoor living is provided by the large shaded front porch with newly refreshed awnings. As you enter the first floor Owners Quarters you will enjoy ten-foot ceilings in the two large front rooms featuring restored plaster ceiling medallions and crown moldings, picture rail, vintage lighting and the original paint scheme. One of these rooms is the large dining room accessed directly from the kitchen with doors opening to the front porch and enclosed side porch. The other is the large Victorian parlor with a tall bay window where you can relax as the trolleys pass by. Your Owners Quarters master bedroom is large and includes a five-window bay and there is a second bedroom in this magical space. Conveniently located across the hall is a large tiled full bath and separate laundry room. A large bright tiled kitchen and two large closets complete your private space. Also located on the first floor you will find the Garden Suite a spacious self-contained one-bedroom apartment. This cozy apartment includes a large king-sized bedroom with pocket windows overlooking the gardens, full bath, closets, sitting room and charming kitchen accessed from a private deck, wow! On the second floor you will find two spacious two-bedroom apartments with private tiled bathrooms, sitting/living rooms, and kitchens both accessed from their own private decks. Yes, there is more, an additional two-bedroom apartment which occupies the entire third floor. The Captains Quarters features a private bath with mahogany ceiling, large living space, eat-in kitchen and two bright bedrooms with delightful sea breezes. Some other features of the property include an outdoor storage shed, beach chair box, security and fire alarm system, individual electric and gas meters. The house contains approximately 4,488 square feet of living space (per the city tax assessors records). The large, over size lot size contains close to 15,000 square feet, or roughly a third of an acre. The buildings architectural style is designated as French Second Empire with Mansard Style Roof. The building contains three levels over a half daylight partial basement. The current configuration of the building is as follows: 2 units on the first floor (a 2 bedroom, 1 bath Owners quarters and a 1 bedroom, 1 bath apartment), 2 units on the second floor (both 2 bedroom, 1 bath apartments) and 1 unit on the third floor (a 2 bedroom, 1 bathroom apartment).

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Listing information © 2024 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 2024-04-03T23:50:36.787.
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933 Washington Street Cape May, NJ 08204

  • Price: $2,980,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: 240688
0
Beds
0
Baths
0
½ Baths
10001 to 20000 SqFt
Acres
1876
Built
Neighborhood:
02-Cape May City
Area:
Cape May
Property Description
An extremely flexible opportunity that doesnt come along very often! The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue is now available. An ideal elevated location with easy access to Madison Avenue beach, the Washington Street Mall and many fine restaurants. This fabulous property is currently operating as four seasonal rental apartments with spacious Owners Quarters. But, because of its unusual flexibility, some alternate uses include conversion back to a magnificent single-family vacation home, a condominium conversion to five units or rental of all five units to increase your income even more. Also can be utilized in any number of combinations, increasing or decreasing the size of the Owners Quarters as needed over the years. The front of this stately Victorian home is situated a comfortable distance from quiet tree lined Washington Street and framed by a coordinating and historically correct custom built picket fence. Also surrounding the house are beautiful gardens admired by passersby for their restful beauty. The spacious driveway/parking is accessed from Madison Avenue and will accommodate six vehicles hidden from view. All of the apartments are accessed from the rear through dedicated entrances and sun decks. A very private fenced outdoor oasis can also be found behind the house and the custom outdoor shower/bath must be seen to be believed. Even more amazing outdoor living is provided by the large shaded front porch with newly refreshed awnings. As you enter the first floor Owners Quarters you will enjoy ten-foot ceilings in the two large front rooms featuring restored plaster ceiling medallions and crown moldings, picture rail, vintage lighting and the original paint scheme. One of these rooms is the large dining room accessed directly from the kitchen with doors opening to the front porch and enclosed side porch. The other is the large Victorian parlor with a tall bay window where you can relax as the trolleys pass by. Your Owners Quarters master bedroom is large and includes a five-window bay and there is a second bedroom in this magical space. Conveniently located across the hall is a large tiled full bath and separate laundry room. A large bright tiled kitchen and two large closets complete your private space. Also located on the first floor you will find the Garden Suite a spacious self-contained one-bedroom apartment. This cozy apartment includes a large king-sized bedroom with pocket windows overlooking the gardens, full bath, closets, sitting room and charming kitchen accessed from a private deck, wow! On the second floor you will find two spacious two-bedroom apartments with private tiled bathrooms, sitting/living rooms, and kitchens both accessed from their own private decks. Yes, there is more, an additional two-bedroom apartment which occupies the entire third floor. The Captains Quarters features a private bath with mahogany ceiling, large living space, eat-in kitchen and two bright bedrooms with delightful sea breezes. Some other features of the property include an outdoor storage shed, beach chair box, security and fire alarm system, individual electric and gas meters. The house contains approximately 4,488 square feet of living space (per the city tax assessors records). The large, over size lot size contains close to 15,000 square feet, or roughly a third of an acre. The buildings architectural style is designated as French Second Empire with Mansard Style Roof. The building contains three levels over a half daylight partial basement. The current configuration of the building is as follows: 2 units on the first floor (a 2 bedroom, 1 bath Owners quarters and a 1 bedroom, 1 bath apartment), 2 units on the second floor (both 2 bedroom, 1 bath apartments) and 1 unit on the third floor (a 2 bedroom, 1 bathroom apartment).
Exterior Features

Location Corner Lot Size 15000+/- Parking Stone Driveway

Interior Features

Basement Partial Cooling Other Heating Gas NaturalRadiatorHot Water Hot Water Gas

Property Features

Bank Owned No Financing Conventional Multifamily Type Apartment Near MallSchoolBeach New Construction No Possession Closing Sewer City Subject To Third Party Approval No Suitable For Condo ConversionOther (See Remarks) Tax Year 2022 Taxes 9957.77 Water City Zoned R-3

© 2024 Cape May County Association of REALTORS® MLS. All Rights Reserved.
Listing provided courtesy of JERSEY CAPE REALTY: 609-884-5800.


Listing information © 2024 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 2024-04-03T23:50:36.787.
 
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