Price
$ 239,900

119 Eldredge Avenue, Villas, NJ 08251  

119 Eldredge Avenue, Villas, NJ 08251  

Tremendous INCOME INVESTMENT opportunity. STABILITY! This income investment property contains two large units, both of which are currently occupied by LONG TERM TENANTS, dating back to 2005 and 2011 respectively. The second-floor unit has an attached mother-in-law suite that is not currently being used by the tenant. In the interim there are other uses for this space which also provides access to a large deck with partial bayviews. Cash flow analysis indicates the potential for a 17% ROI at list price with 25% down. All in all, there’s a lot being offered here what with the long-term tenants in place and the potential the additional finished space offers. Call today for your appointment.

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Listing Type
Multi-Family
Listing ID
174556
Lot Size
100x100
Listing Status
Active
County
Cape May
Units
2
Taxes
5132.71
TaxYear
2016
Listing courtesy of John Szulewski~CENTURY 21 ALLIANCE wc
Price History
Get price alerts on price change
Date Event Change Price
7/31/2017 Price change $-14,100 (-5.6%) $239,900
6/19/2017 Price change $-5,900 (-2.3%) $254,000
5/19/2017 Price change $-10,000 (-3.7%) $259,900
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX BEACH HOME REALTY
    4200 Landis Ave Sea Isle City, NJ 08243 | Phone: (609) 263-3600
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.