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1252 Lafayette Street Cape May, NJ 08204-1755
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 252923
Bedrooms 3
Year Built 1920
Annual Tax Amount $3,700
Tax Year 2024
Lot Dimensions 50X100
Property Sub-Type Duplex
Property Description
Charming Cape May Duplex Turnkey - Fully Furnished! Own a piece of Olde Cape May with this beautifully maintained duplex located on Historic Lafayette Street across from Roseman's Marina. Whether you're looking for a second home, a savvy investment, or a chance to live on the island full-time while generating passive income — this is the one. Two units, both currently featured as summer and fall rentals, will move you into town with multiple options for continued use of the property. The main house features 2 comfortable, well-sized bedrooms (one with a Queen sized bed and one with two twin beds) and an updated full bathroom with tub/ shower combo which was remodeled less than 5 years ago. Plenty of room for cooking in the kitchen and dining for 6 in the dining room which flows into the living area. Sit on the enclosed front porch in any season to enjoy the sunsets from Roseman's Marina. Plenty of storage for bikes, beach chairs, and beach toys on the first level – and they come with the sale too! Bright and functional layout for long or short stays. The garage apartment was remodeled in 2025 with decorative white and gold finishes. It includes a queen bed, new tiled bath with large shower, full kitchen and a laundry room. There is a private entrance and is perfect for a rental, guest suite or a home office. More storage space is available on the first floor. Both units come fully furnished and stocked with everything you need, making them completely move-in ready. Together, they brought in over $60,000 in rental income in 2025. Inquiries have been received for 2026, but no rentals are in place pending decision of the new owners. Off street stacked parking enough for 4 cars. Worth its weight in gold in Cape May! Live in one unit and rent out the other or rent both. Close to town, close to beaches, close to the marina area and close to the restaurants on the Lower Township causeway, this turnkey duplex is an unheard of find on the island — offering charm, flexibility, and an unbeatable location. Whether you're an investor or looking for your own slice of island life, this fully turnkey duplex delivers it all!
Location
State NJ
County Cape May County
Area Cape May
Location Details Corner,Island
Rooms
Other Rooms Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Space
Interior
Hot Water Electric
Heating Gas Natural
Cooling Wall Air Conditioning
Exterior
Exterior Feature Deck, Porch, Screened Porch, Cable TV, Sidewalks, Other (See Remarks)
Building
Lot Description Corner, Island
Sewer City
Water City
New Construction No
Listed by Tim Kerr Sotheby's International Realty
GET MORE INFORMATION
Micah Yerk
Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889
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