NJ > Cape May Court House
Cape May Court House, NJ 08210,220 Hand Avenue
Cape May Court House, NJ 08210,220 Hand Avenue
Cape May Court House, NJ 08210,220 Hand Avenue
Cape May Court House, NJ 08210,220 Hand Avenue
Cape May Court House, NJ 08210,220 Hand Avenue
Cape May Court House, NJ 08210,220 Hand Avenue
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Kayla Noll

Kayla Noll

+1(732) 735-1918
$ 649,995
Est. payment | /mo

4 Beds

3 Baths

1,320 SqFt

Save Virtual Tour
$ 649,995
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

1,320 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

Price per Sqft $492

MLS Listing ID 252932

Bedrooms 4

Year Built 1934

Annual Tax Amount $5,155

Tax Year 2024

Lot Dimensions 7350

Property Sub-Type Triplex

Property Description

Turnkey Investment Opportunity in the Heart of Cape May Court House Welcome to 220 Hand Ave, a fully renovated triplex located in the desirable Middle Township School District. Just minutes from the best that Cape May County has to offer, this income-producing property is perfect for investors seeking immediate cash flow. It's also a great opportunity for the discerning buyer looking for a primary home with built-in cash flows. This well-maintained building features three fully leased units: Two 1-bedroom/1-bath units on the first floor One spacious 2-bedroom/1-bath unit on the second floor Each unit has been thoughtfully updated with: Modern white cabinetry and quartz countertops Stainless steel appliances and recessed lighting In-unit washer/dryer Durable vinyl flooring throughout Gas heat and central air for year-round comfort Additional highlights include a large driveway with ample parking and 3 separate side entrances for each unit. The property currently generates approximately $50,000 annually, with potential to increase rents to current market rates: 1-bedroom units: up to $1,700/month 2-bedroom unit: up to $1,900/month This presents a fantastic opportunity to own a fully rented, low-maintenance investment property with upside potential. Schedule your private showing today and start earning from day one!

Location

State NJ

County Cape May County

Area Cape May Court House

Zoning TR

Rooms

Other Rooms Living Room, Kitchen, Laundry/Utility Room

Interior

Hot Water Gas

Heating Gas Natural, Forced Air

Cooling Central Air, Electric

Exterior

Exterior Feature Other (See Remarks)

Building

Sewer Public

Water Public

New Construction No

Others

Acceptable Financing Conventional, Other Financing

Listing Terms Conventional, Other Financing

Financing Conventional,Other Financing

Virtual Tour https://vimeo.com/1122731790?fl=pl&fe=sh

Listed by Houwzer LLC
Kayla Noll
Kayla Noll

Broker Associate | License ID: NJ-1643324

+1(732) 735-1918 | kayla@kaylanollgroup.com

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220 Hand Avenue