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This five-unit multifamily property sits at 1352 Washington Street in Cape May, New Jersey. The apartment building occupies a prime position within this historic coastal community, known for its unique Victorian architecture and steady tourism-driven economy. As a residential asset, this property appeals to investors looking to establish a footprint in a highly sought-after seaside market where demand for rental housing remains consistent among year-round residents and seasonal workers. The structure offers functional living spaces suitable for long-term lease arrangements or potential adaptive management strategies. Cape May serves as a prominent destination on the southern tip of the state, providing a stable demographic environment for rental investments. Buyers seeking a manageable multi-family addition to their portfolio will find this asset well-positioned to capitalize on the region's enduring appeal. Its location provides convenient access to local infrastructure and the broader amenities characterizing this shore destination.
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