1083 Seashore Road, Cold Spring NJ |CMCMLS| Cape May County Association of Realtors

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1083 Seashore Road, Cold Spring, NJ - Active

For Sale: $1,250,000

Beds: 8 Baths: 5

Type: Four-Plex

Lot: 31,681 DOM: 0 Days

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PROPERTY DESCRIPTION

This fantastic opportunity is available. Close to Cape May in a quiet yet accessible neighborhood, this expansive property is for homeowners and developers alike. This pre-existing non-conforming home exudes charm and character, boasting generous square footage that allows endless options for customization. The layout features multiple rooms with high ceilings, abundant natural light. The property includes an expansive yard, perfect for outdoor living spaces, gardens, or parking needs. While the home requires renovation, its bones remain strong, with a solid foundation ready to support modern upgrades. The current property is configured as follows The main house lower level has 4 bedrooms and 2 full baths. There is a large eat-in kitchen, dining area and expansive living room. A very large sun porch is on the side of the house. As you head down the hallway off the kitchen are the two additional bedrooms and a laundry room. The second floor apartment has a private entrance on the left side of the front house with a living room area, kitchen, 2 bedrooms and full bath. The garage has been re-fitted into 2 apartments prior to the current Sellers purchase. Both the 2nd floor apartment and downstair apartment are 1 bedroom 1 bath units. The second floor has recently been remodeled. This could offer a lucrative opportunity in the rental market or a chance to establish a community-oriented housing solution. This spacious residence presents a valuable opportunity for those with vision. The main floor was rented for the summer to J1 visa workers at $7,500 a month including utilities but the lease was terminated due to smoking. The upstairs apartment is also a summer lease for $2,700 with utilities included. The garage apartments are both rented year-round. The lower level for $1,250 with utilities and upstairs at $1,200 per month. The total rent for the property was $12,650 per month through the summer months.

PROPERTY FEATURES

Living Room
Eat In Kitchen
Breakfast Nook
Laundry/Utility Room
Florida Room
Heating:Gas Natural
Heating:Forced Air
Conventional
3 Car
Heater:Other Hot Water
Cooling:Wall Air Conditioning

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ADDITIONAL PROPERTY PICTURES

Listing is provided by HOMESTEAD REAL ESTATE CO. INC., Janice Conwell, 609-884-1888. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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