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Investors seeking a stabilized multifamily acquisition in a coastal destination should consider this 4-unit apartment building for sale at 1015 Washington Street in Cape May, New Jersey. The property provides a residential investment footprint within a region known for its high seasonal demand and established tourism-driven economy. With its central location in the 08204 ZIP code, this asset is well-positioned for owners looking to manage a boutique rental portfolio in a historically significant market. Given the structural layout of this apartment building, the site supports various long-term residential leasing strategies or potential repositioning within the Cape May submarket. The surrounding area remains a desirable destination for both year-round residents and seasonal visitors, supported by the unique character of the South Jersey shoreline. This property offers a tangible entry point into the Cape May housing market for those focused on income-producing residential real estate assets.
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