11 Delaware Avenue

$664,500

About This Property

INVESTOR ALERT! This Waterfront Triplex, with a Bulkhead, is located on the popular Delaware Bay beach. The top floor (UNIT 3) offers 4 bedrooms and 2 full bathrooms. Breathtaking, panoramic water views, from the Open Concept Great Room where you can watch the ever changing landscape of the beautiful Delaware Bay, including amazing sunsets, frolicking dolphins, and eagles. Two sets of glass sliding doors frame the natural gas fireplace and open out to your beachfront deck. The open concept great room has cathedral ceilings, modern kitchen, breakfast bar, big dining area and living area with wide open water views. Natural gas heat, newer central HVAC system with Wifi thermostat, Central A/C, newer water heater, newer natural gas fire place insert, newer laminate flooring in great room, newly painted throughout, newer furniture, newer ceiling fans, all LED lighting. The 2 bathrooms are being renovated this Fall with the following upgrades: Tile floors, New vanities, New toilets, New lighting, New bath fans, Stand up shower- removed and replaced with tile walls and frameless glass enclosure, New towel racks, New paint in tub/shower bathroom. Two additional units are located on the first floor. UNIT 1 with 2 bedrooms & 1 bath room has been rented on a yearly basis. Electric baseboard heat, new dry wall, new bathroom, new kitchen, new flooring, new water heater, paint throughout, all LED lighting. UNIT 2 is a beautiful 1 bedroom, 1 bath room apartment with sliders out to a private covered patio nestled in the dunes. Water views abound from inside and out. Newer dual split zone heat pump for full central HVAC, newer water heater, newer kitchen, newer furniture, paint throughout, Soundproofing installed to muffle any sounds from unit above, newer ceiling fan, newer bath fan, all LED lighting. EXTERIOR features include a newer wood fence, landscaped grounds with new top soil, outdoor shower, Utility room, Bulkhead. Plenty of off street parking. ***Separate Electric and Natural Gas meters **** Economical flood insurance. All furniture included in the sale. Great Rental History. Projected 2019 rental income total of $80,000.

Essential Information

MLS® #188466
Price$664,500
Year Built1910
TypeMulti-Family
Sub-TypeTriplex
StatusACTIVE

Community Information

Address11 Delaware Avenue
AreaVillas
CityVillas
StateNew Jersey

Amenities

ParkingParking Pad, Concrete Driveway
Is WaterfrontYes
WaterfrontBay Front, Water Front

Interior

BasementSlab

Heating

Gas Natural, Electric, Baseboard, Heat Pump, Multi-Zoned

Cooling

Central Air, Multi Zoned, Wall Air Conditioning

Exterior

Exterior Features

Patio, Deck, Enclosed/Cov. Patio, Grill, Fenced Yard, Bulkhead, Outside Shower, Other (See Remarks), Waterview

Additional Information

Date ListedJuly 2nd, 2019
Days on Market142

Listing Details

Office

CHRIS CLEMANS SOTHEBY'S INTERNATIONAL REALTY

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Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

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