103 E Magnolia Avenue


About This Property

East Side Tri-plex money maker! A solid investment with a very strong rental history, most years exceeding 35k. Property consists of three units with the main house (unit C) recently remodeled with new windows, kitchen cabinets, granite counter tops, outside deck, stainless steel appliances, floors and paint. This 3 story unit features 5 bedrooms, 2 full baths (with plumbing for a 3rd,) natural brick exterior, sliding doors to an outside deck, and a full basement with washer and dryer. This unit is currently owner occupied but has a rental potential of 3k per week in the summer or per month as a year-round rental. Units A and B are 1 bedroom, 1-bathroom apartments with kitchens that rent for 800 and 900. Both have long term solid tenants.

Essential Information

MLS® #230061

Community Information

Address103 E Magnolia Avenue
StateNew Jersey
Zip Code08260


ParkingParking Pad, Concrete Driveway


Has BasementYes


Gas Natural, Forced Air, Multi-Zoned


Central Air, Ceiling Fan, Wall Air Conditioning


Exterior Features

Deck, Fenced Yard, Cable TV, Sidewalks

Additional Information

Date ListedJanuary 8th, 2023
Days on Market26

Listing Details


Get directions to this property:

Cape May County Association of Realtors Logo©2023 Cape May County Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate.

Have a Question?

Contact Us

Follow Us

Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ

Office: 609.884.3332

Chris Clemans | Sotheby's Realty International
© Copyright 2023, Real Estate Webmasters All Rights Reserved.
VISIT OUR AUCTION HOUSE SEARCH GLOBALLY Sotheby’s International Realty is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each office is independently owned and operated. REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.
© Chris Clemans & Co., Inc. All rights reserved. Sotheby's International Realty*' and the Sotheby's International Realty Logo are service marks licensed to Sotheby's International Realty Affiliates LLC and used with permission. Chris Clemans & Co., Inc. fully supports the principles Of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by. affiliated with or related to Sotheby's International Realty Affiliates LLC nor any of its affiliated companies.
 •  Listings Site Map  •  Privacy Policy