REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,725,000
Est. payment /mo
Price Dropped by $70K
200 W Saint Johns Avenue Villas, NJ 08251
6 Beds
4 Baths
1,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $891
MLS Listing ID 251688
Bedrooms 6
Year Built 1929
Annual Tax Amount $6,892
Tax Year 2024
Lot Dimensions 30,000
Property Sub-Type Four-Plex
Property Description
Turnkey waterfront vacation rental! This property sale includes all furnishings (excluding personal items), all current rentals booked for 2025, the intellectual property for the business, and a paid architect for cottage rebuilding. This is a fantastic opportunity to own a successful vacation rental with five years of operating history. All three units are almost fully booked through out the summer and will not be possible to show all units in one showing. This property is a grandfathered four-unit rental in Lower Township, divided between two structures. The waterfront unit comprises three apartments. The top-floor apartment is an 800 sq. ft., 3-bedroom, 1-bath unit that spans the entire length of the house and features a large waterfront deck. The bottom-floor waterfront unit is a 350 sq. ft., 1-bedroom, 1-bath apartment, also with a large waterfront deck. The back bottom-floor unit is a 450 sq. ft., 1-bedroom, 1-bath apartment, featuring a smaller deck with water views. The home was raised in 2017 and includes a spacious garage below the units. The detached cottage is approximately 380 sq. ft., with 1 bedroom and 1 bath, and features a large deck. This unit is also elevated, and we will be selling it with a paid architect for potential rebuilding, should that be desired. The property extends 10 ft into the road and provides over 8 designated parking spaces. There is also a charming backyard equipped with a tiki bar, fire pit, and small dipping pool.
Location
State NJ
County Cape May County
Area Villas
Location Details Beach Front,Water Front,Water View
Interior
Hot Water Electric
Heating Electric, Heat Pump
Cooling Central Air, Wall Air Conditioning, Other
Building
Lot Description Beach Front, Water Front, Water View
Sewer City
Water City
New Construction No
Listed by Houwzer LLC
GET MORE INFORMATION
Micah Yerk
Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889
QUICK SEARCH
- Homes For Sale in Cape May, NJ
- Homes For Sale in Cape May Point, NJ
- Homes For Sale in West Cape May, NJ
- Homes For Sale in North Cape May, NJ
- Homes For Sale in Cape May Court House, NJ
- Homes For Sale in Villas, NJ
- Homes For Sale in Wildwood Crest, NJ
- Homes For Sale in Wildwood, NJ
- Homes For Sale in North Wildwood, NJ