Status: Closed
MLS#: 185472
Type: Residential Income - Duplex
County: Cape May County
SHAKE YOUR MONEY MAKER! Priced to sell UPDATED and MOVE IN READY duplex located at the south end of Wildwood, close to restaurants, shopping, pharmacies and entertainment. INCOME HISTORY OF $24,000/YR! Currently bothl units are vacant so you can choose - rent both, or live in one and rent the other - your choice! The first floor was remodeled with fresh paint, new carpeting, new kitchen cabinets and countertops, new kitchen flooring, new flooring and vanity in the bathroom, and all new blinds. The unit consists of covered front porch, living room, three bedrooms, one bath with tub, kitchen and utility room with washer and dryer hook up. It also has gas hot water baseboard heat and gas cooking. The second floor unit has a full kitchen with stove, refrigerator and room for a dishwasher to be installed, living room, one bedroom and full bath with stall shower. This unit was just freshly painted. There is a large wood deck in the back perfect for summer get togethers and an enclosed area, currently used for storage, that can be finished off as an outside shower, as according to the Seller the plumbing is present. There are separate electric meters. The gas furnace is four years old. The property has great rental potential with the first floor previously renting for $1250/month and the second floor has been previously rented for $750/month. The current owners are paying $1200 annually for flood insurance. E A S Y TO S H O W!