140 W Morning Glory Road Sold | $277,000

Excellent opportunity to invest in an income producing property. There are 3 total units. Unit A offers 2 BR/1 BA and has a seasonal tenant paying $800 per month, plus gas and electric. Unit B offers 2 BR/1 BA, with the tenant paying $950 per month, plus electric. Unit C is 1 BR/1 BA, obtaining $700 per month rent, plus electric. The tenants in Unit C is currently on a month to month lease, but will renew for another year. The seller pays the gas on units B and C due to there being a shared gas meter. All units pay for their own cable and WiFi. This is an excellent opportunity to own an affordable home at the shore. Home is being offered in AS-IS condition.

This listing is provided courtesy of deSatnick Real Estate LLC - Cape May