18 Cooper Drive | Somers Point |
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Remarks:
This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 will need work and could rent for approx. $2,000 when renovated. Unit 2 Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in "as is" condition. No Repairs will be made by seller.
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* OUTSIDE FEATURES Deck Fenced Yard
* PARKING Parking Pad 3 Car
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* OTHER ROOMS Living Room Dining Room Kitchen
* HEATING Gas Natural Forced Air
* BASEMENT Crawl Space
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* WATER City
* SEWER City
* COOLING Ceiling Fan Wall Air Conditioning
* HOT WATER Gas
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LET ATLANTIS REALTY BE YOUR BUYER AGENT FOR THIS
LISTING. LISTING IS PROVIDED BY eXp REALTY or CAPE MAY COUNTY MLS.
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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