Calling all investors!!! This beautiful 4 Plex has been well maintained and run by the current owner. Unit #1 is a 1 bedroom 1 bath with an eat in kitchen and living room. Unit #2 is a 1 bedroom 1 bath . Unit #3 is a 2 bedroom 1 bath. 3 units are currently year round rentals on a month to month lease bringing in over $32,000 per year. The seller has lived in Unit #4 which has a 3 car garage attached. being conveyed in this sale is a Generac backup generator to keep the lights on during any storms. All 4 units are run off of the solar panels on Unit #4. Last months electric bill was $7.00 Rent all four and enjoy the positive cash flow or use one for yourself and let the remaining three pay all of the bills.
Multi-familyProperty Type
1 garage spacesParking
Listed by Toni Charlesworth• LONG & FOSTER REAL ESTATE, INC av
Bought with Richard Parker• deSatnick Real Estate LLC - Lower Township
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
91 ft.
Lot depth
172 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cape May County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 8, 2023.
TR
Town Residential District
To recognize those areas where small-lot and multifamily residential development exists and where the presence of adequate infrastructure permits additional development compatible with existing development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Property details
Parking
Parking Information
For 3 Cars, Attached, Black Top Driveway
Interior
Interior Features
Other Rooms: Living Room, Kitchen, Eat-In Kitchen, Laundry/Utility Room, Florida Room
Heating & Cooling
Heating: Electric, Baseboard
Cooling: Central AC, Wall AC
Multi-Unit Information
# of Units: 4
Unit 1 Information
# of Bedrooms: 1
# of Baths: 1
# of Rooms: 4
Rent: $850
Unit 2 Information
# of Bedrooms: 1
# of Baths: 1
# of Rooms: 4
Rent: $850
Unit 3 Information
# of Bedrooms: 2
# of Baths: 1
# of Rooms: 5
Rent: $1,000
Unit 4 Information
# of Bedrooms: 1
# of Baths: 1
# of Baths (1/2): 1
# of Rooms: 9
Exterior
Property Information
For Sale
Suitable For: Other (See Remarks)
Financial
Taxes & Assessments Information
Tax Year: 2021
Taxes: $5,971.77
Utilities
Utility Information
Sewer: City
Electric
Water: Private
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cape May County
APN: —
Home facts updated by county records on Jun 7, 2023
Around this home
Schools
Middle Twp Elementary 2
Public 3-5 • Assigned • 5.4mi
5/10
Middle Township #4 Middle School
Public 6-8 • Assigned • 5.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Rio Grande, NJ • 08242
Average low and high temperatures (°F)
38
26
42
28
55
39
63
48
71
56
81
66
85
72
78
65
75
63
68
52
57
44
45
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.8 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$590,000 – $715,000
Reach more buyers when you sell with Redfin. Save up to $6,209 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.