22 Stockton Place

$1,450,000

About This Property

For showing appointments please call appointment line. Current owner has used the property as an owners unit, an efficiency unit and two, one bedroom apartments. Extensive repeat tenant history. The owner uses the first floor unit periodically during winter months and keeps all systems operational. The efficiency unit and the two apartments have the water and plumbing drained from October until sometime in April. Unit D - first floor owners unit consists of living room, dining room, kitchen, two bedrooms, two baths, front porch, breezeway and attached garage. During Summer of 2014, this unit was rented from May 15 to October 1st for $16,000.00. Unit C - First floor efficiency unit - rear and side entrance - consists of a living room/bedroom combination, a full kitchen, bath w/shower, and a rear deck. Has been used as a seasonal rental. Rental rate $6750.00. Unit B - second floor ocean side unit -rental rate $600.00 to $1200.00 per week. Consists of living room, kitchen, bedroom, bath, and private deck. Unit A - second floor north side unit- rented to many repeat tenants for years. Rental rate $600 to $1200 depending on time frame. Consists of living room, full kitchen, bedroom, bath, and private deck. Dogs permitted for additional fees. Shared outside hot cold enclosed shower. Three rental units have window/wall air conditioning units. The first floor main owner's unit has central air conditioning. Owner unit has a gas floor furnace. Efficiency unit has electric baseboard heat. Unit B has electric baseboard heat. Unit A has a gas floor furnace that has not been in service for 25 years or longer. This furnace will be conveyed in "as is condition".

Essential Information

MLS® #190545
Price$1,450,000
TypeMulti-Family
Sub-TypeFour-Plex
StatusACTIVE

Community Information

Address22 Stockton Place
AreaCape May
CityCape May
StateNew Jersey

Additional Information

Date ListedNovember 16th, 2019
Days on Market24

Listing Details

OfficedeSatnick Real Estate LLC

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