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Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $4,631
Days Active 9
Lot Size 
Approx. Age 1932
MLS® Number 252497

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investment Opportunity in the Heart of Cape May Court House Welcome to 13 Poplar Street, 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 welcoming screened-in front porch, two private driveways, and designated parking 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!Show Description
MLS® Number252497
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorCable TV, Sidewalks
GarageNo
Approx. Age1932
BasementPartial
DrivewayAssigned Parking, Concrete Driveway
Garage Spaces
HeatGas Natural
A/CCentral Air
Heating Fuel

Extras

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