Villas, NJ 08251,11 Delaware Ave Ave

$576,225

Est. payment /mo

$625,000

7.8%
Est.Price: ?

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11 Delaware Ave Ave Villas, NJ 08251

3 Beds

SOLD DATE : 04/28/2020

Key Details

Sold Price $576,225

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 534390

Bedrooms 3

Year Built 1910

Property Description

Steps to the sand and with breathtaking views from almost every room, this bay front home offers a tremendous opportunity for the buyer looking to own a home on the water and cover much of their mortgage w/rental of the other 2 units. This triplex offers a 4BR/2BA 2nd floor unit that features a water facing great room with cath ceiling and 180 deg bayviews.There's an open kitchen w/huge peninsula & loads of cabinets, cozy gas FP for sunset eves, 4 lg BR w/water views, renovated bathrooms, full sized stacked W/D, & phenomenal views from the huge deck. The 1BR unit on the first floor is literally on the beach with only a sliding door to the sand (renov in 2017) and features a cool beach vibe with crisp white kitchen cabinets, butcher block countertops, glass tile backsplash, SS appliances, recessed lighting, driftwood style laminate floors, sound proof ceiling system, new drywall & a calm sand-toned bedroom and renovated bath with new marbled tile. The 2BR unit (renov in 2018) has new crisp white shaker cabinets, countertops, tiled backsplash, stainless steel appliances, recessed lighting, laminte flooring, and updated bathroom. This property also features new roof in 2018, newer high eff gas HW heaters for each unit, separately zoned utilities, off-street parking, dbl lot w/new fencing, and comes furnished.These units produced approx $65K in income in 2019 after fees. Reservations in place for 2020 season.Don't let this rare opportunity pass - a turnkey waterfront investment!

Location

State NJ

County Cape May

Community Villas

Area Lower Twp

Rooms

Other Rooms Breakfast Nook, Dining Area, Eat In Kitchen, Great Room, Kitchen, Living Room

Interior

Heating Baseboard, Electric, Forced Air, Gas-Natural, Multi-Zoned

Exterior

Exterior Feature Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-109 34th OC

Jason Gareau

Broker

+1(609) 929-4486

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