626 Hughes Street #1 $3,199,000

Joseph Hanes House (c. 1879) is ideally located on picturesque, tree-lined, one-way Hughes Street in the heart of Cape May’s Historic District. Just three blocks to the beach and two blocks to the Washington Street Mall, this grand Victorian offers exceptional charm and flexibility. Classic gingerbread porches overlook the street, where horse-drawn carriages regularly pass by. The home is currently configured as two units that rent together as a single residence, offering 5 bedrooms and 3½ baths, comfortably sleeping up to 14. The layout allows an owner to reside in one unit while generating rental income from the other, rent both separately, or, easily restore the property to a stunning single-family home the possibilities are endless. First Unit: Features a welcoming front parlor, two bedrooms, one-and-a-half baths, and open-concept kitchen, dining, and living area that opens to a mahogany deck. Second/Third Floor Unit: Accessed by elegant, railed stairs, this unit offers a new kitchen with cherry cabinetry and granite countertops, an open living and dining area, and a private rear mahogany deck. The spacious primary suite spans three rooms and includes a sitting area, large bedroom, closet with washer/dryer hookup, and a brand-new tiled bath. The third floor provides two additional bedrooms, an oversized tiled bath, and access to abundant storage. Additional highlights include a cedar roof, two electric meters, two-zone heating and air conditioning, recessed lighting, blown-in insulation, an outdoor shower, and a full basement with washer/dryer, workshop, and ample storage. A rare opportunity to own a classic Cape May Victorian with income potential in a premier Historic District location.

This listing is provided courtesy by deSatnick Real Estate LLC - Cape May