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This multifamily apartment building at 486 W Perry Street in Cape May, New Jersey, is available for sale and presents a functional acquisition for real estate investors. The property consists of two distinct units, providing a manageable entry point into the local residential market. Cape May serves as a prominent destination along the Jersey Shore, characterized by a seasonal tourism economy and a stable base of year-round residents. The configuration of this asset allows for various operational approaches, including long-term rental housing or potential alternative residential uses. Situated in a region known for its historical architecture and coastal character, the building sits within a submarket that maintains consistent demand for housing inventory. Prospective investors may find this asset useful for diversifying their portfolios within a recognizable resort-oriented municipality. The layout of the two units supports straightforward management for owners seeking to establish or expand a foothold in this specific coastal region of the state.
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