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!
For sale
$674,995
220 Hand Ave, Cape May Court House, NJ 08210
4beds
1,320sqft
Est.:
Triplex
Built in 1934
-- sqft lot
$-- Zestimate®
$511/sqft
$-- HOA
What's special
Modern white cabinetryRecessed lightingStainless steel appliancesQuartz countertopsDurable vinyl flooring
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