Address
1045-1047 Lafayette Street, Cape May, NJ
Price
$ 2,195,000
Property Attributes
  • MLS#240961
  • TypeMulti-Family
  • CountyCAPE MAY
  • CityCape May
  • AreaCape May
  • NeighborhoodCape May City
  • Zip08204
  • StyleTriplex
  • Taxes$ 5803
  • Price$ 2,195,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
Data Source:
Cape May County MLS (CMCAR)
Property Description

A rare opportunity to own a Cape May Triplex! This spectacular Colonial beauty is centrally located in the highly sought-after historic district of Cape May. An ideal location for enjoying everything the National Landmark Seaside City has to offer. This very special property offers a unique blend of old-world charm and modern convenience and is just one short block from the renowned Emlen Physick Estate. The beautifully renovated interior makes this a true treasure and the new plumbing, electric and structural work should help preserve this home for another 150 years. Each apartment boasts its own distinct character while seamlessly incorporating modern upgrades. This 3 unit building offers a range of options to suit various needs. Unit 1; is a one-bedroom 1st floor unit with basement & backyard gazebo (sleeps 4), Unit 2: is a one-bedroom 2nd floor unit plus walk up finished attic and offers front rocking chair porch & backyard picnic area (sleeps 6), Unit 3: is a three-bedroom multi floor unit with basement, rocking chair front porch and side yard patio (sleeps 8). Live in one and rent the others, rent all three, make it a spacious family retreat or convert to condos. Units 1 & 2 have a connecting door and can be used as one large unit or as two separate units. The extensively renovated interiors feature beautiful newly updated kitchens & bathrooms, new floors, shiplap wall accents and moldings. The oversized lot is a rarity for Cape May and offers an expansive park-like backyard with multiple tranquil areas for relaxation plus off-street parking for 6+ cars! Bonus detached garage with 3 separate bays. As a resident of this exceptional property, you'll enjoy the convenience of a short bike ride to the beach, harbor, and Washington Street Mall. Take leisurely strolls along the sandy shores, explore the vibrant local shops and boutiques, or savor delicious cuisine at one of the many fine restaurants – the possibilities are endless. Don't miss this incredible opportunity to own a piece of Cape May's history while enjoying the modern comforts of today.

Price History
4/3/2024 Listed $2,295,000
5/2/2024 5% - $2,195,000

General Features

Heating Gas Natural,Baseboard,Hot Water,Multi-Zoned
Cooling Ceiling Fan,Other
Exterior Features Patio,Porch,Storage Building,Sidewalks,Outside Shower
Water City
Parking Garage,Parking Pad,3 Car,Detached,Black Top Driveway,Stone Driveway,Shared Driveway
Type Triplex

Interior Features

Basement Full,Inside Entrance,Plumbing,Masonry Flrs/Wall

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08204

Price
AVG $1.63M
$2.2M
Taxes
AVG $7,574
$5,803
Visits
AVG 199
79
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.