1520 New Jersey Avenue Sold | $385,000

Welcome to the Cape Roc Condos in beautiful Cape May! Condominium amenities include a heated swimming pool, gas grills on site, off-street parking, spacious patios, bike racks and more. This updated 1 bedroom, 1 bath condo is just a short hundred yards to the beach. Well-maintained, turnkey, and move-in ready. Being sold completely furnished and ready for your year-round enjoyment. Simply pack your bags and move right in! Located on the second floor, you can access your new condo via the stairs, or take the elevator. The homeowners have continuously updated and refreshed the condo annually for their guests. The HVAC system was replaced in recent years. Newer Pergo floors are installed throughout. The updated, summer white kitchen cabinets and remodeled porcelain tile bath, all combine to create a carefree seashore lifestyle. The homeowners have had many successful seasons renting to guests at a peak season price of $1525 per week. 2021 Gross income was $17,860, and 2020 Gross income was $13,585. Enjoy the ocean breezes while grilling or lounging poolside. Take a bike ride downtown to restaurants and shops in the evening, and enjoy all that Cape May has to offer. Condo fees of $350 per month cover hot and cold water, outside maintenance, pool maintenance, main building insurance, and trash. Pet friendly for owners, and makes a perfect home or vacation rental investment, or a bit of both. This is a great condo in a highly desirable location! Call today. Easy to see, this won’t last long!

This listing is provided courtesy of COASTLINE REALTY, LLC