Listed by Kimberly Tupper

Bought with Gary M Collins from CENTURY 21 GILMARTIN & CO

Source: Cape May County Association of Realtors #200827

11 Delaware Ave, Villas, NJ, 08251

$576,225

7
4
3

Duplex

30+ days on the market

Sold: Apr 28, 2020

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About this property

Steps to the sand and with breathtaking views from almost every room, this bay front home offers a tremendous opportunity for the buyer lookingto own a home on the water and cover much of their mortgage with rental of the other 2 units. This triplex offers a 4BR/2BA second floor unitthat features a water facing great room with cathedral ceiling and 180 degree bay views from everywhere in the kitchen, living, and dining areas.Three walls of windows bring in plenty of sun and bay breezes. The open kitchen boasts a huge peninsula for food prep and seating, loads ofcabinets, french door refrigerator, self cleaning oven, dishwasher, and microwave. The gas fireplace allows for a cozy environment on coolerevenings while watching the sunset over the bay. 4 well-appointed and spacious bedrooms have ceiling fans, closets, have been recentlyupdated, and also have water views. Both bathrooms have been beautifully renovated. There's full sized stacked W/D pair in the hallway closet, convenient to the bedrooms. The views from the huge deck are phenomenal. The 1BR unit on the first floor is literally on the beach, with only asliding door to the sand. Fully renovated in 2017, it features a cool beach vibe with crisp white kitchen cabinets with pewter pulls, butcher blockcountertops, glass tile backsplash, stainless steel appliances, recessed lighting, driftwood style laminate floors, sound proof ceiling system, newdrywall, a calm sand-toned bedroom and renovated bath with new marbled tile. The 2BR unit on the first floor was renovated in 2018 with crispwhite shaker cabinets with pewter knobs, granite-look countertops, tiled backsplash, stainless steel appliances, recessed lighting, new laminteflooring, and updated bathroom fixtures and tile. This property also features new roof in 2018, newer high efficiency gas hot water heaters foreach unit, separately zoned utilities to each unit, off-street parking for 4 cars, a double lot with newer fencing (much of the side lot cleared withnew grass and flower beds), a owner-maintained newer bulkhead, and all comes furnished minus a few personal items. These units producedapproximately $65K in income in 2019 after fees. There are already many weeks reserved for the coming 2020 season. Don't let this rareopportunity pass - a turnkey investment AND stunning views from this home can be yours. Give me a call for your private tour!

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