1083 Seashore Cold Spring, NJ 08204

This expansive four-plex in a quiet, accessible neighborhood near Cape May offers opportunities for homeowners and developers. The pre-existing, non-conforming property features generous square footage, allowing for customization. The layout includes multiple rooms with high ceilings and abundant natural light. The property includes an expansive yard suitable for outdoor living spaces, gardens, or parking. While the property requires renovation, it has a solid foundation. Updates include a tankless, on-demand water heater, a new deeper high-capacity well, and two new septic systems, one for the main house and a second for the rear apartments. Updated bathrooms and a washer and dryer are included in each unit. The main house's lower level has 4 bedrooms and 2 full baths, a large eat-in kitchen, a dining area, and an expansive living room, plus a large sun porch. Down the hallway off the kitchen are two additional bedrooms and a laundry room. The second-floor apartment, with a private entrance, includes a living room area, kitchen, 2 bedrooms, and a full bath. The front house can be converted to a single-family home. The garage has been re-fitted into two apartments. Both the 2nd-floor apartment and downstairs apartment are 1-bedroom, 1-bath units. The second floor has been recently remodeled. The main floor is rented annually for $2,700 a month, including utilities. The upstairs apartment is a summer lease for $2,700 with utilities included. The lower level garage apartment is rented year-round for $1,250 with utilities, and the upstairs garage apartment is rented for $1,200 per month with utilities. A new winery is planned across the street.