Location! Location! Location! Here is a rare chance to purchase a Beach Block property at Cape May Point: One of the renowned "Five Sisters." The home faces south towards the Atlantic Ocean and pristine white sand beaches, not the Delaware Bay. This is a historic 1875 structure, one of the “five sisters” on the beach block of Lincoln Avenue in Cape May Point, and indeed it is a very prestigious location. It has amazing rental income history with $40,000-$50,000 gross income annually. Many families return to 411 Lincoln to enjoy their summer vacation year after year and consider this to be their summer beach home. Walk through the screen porch and open the door into the house and you will find a set of stairs leading to the second story. To the right is an open concept with the dining area flowing right into the vibrantly painted “European feeling” kitchen where many fun parties have taken place! There is a full bath with tub and shower between the dining and kitchen areas. To the left as you enter the front door there is a formal sitting area with a television. History abounds at 411 Lincoln. And as with every historic structure, there is maintenance required, especially with the strong ocean breezes. That said, despite the severe weather elements this property has been well maintained. Upstairs you will find the MBR to the left, facing the dunes and the Atlantic Ocean, with lovely breezes flowing through. There is an en-suite half bath off the MBR. To the right along the hallway are 2 bedrooms and a full bath. All rooms have remote controlled split systems for air conditioning and electric baseboard heating. The home offers a beautiful wrap around screened porch downstairs and above that a sundeck off the MBR facing the Atlantic Ocean. The rear yard is ample enough for large family get togethers with the picnic tables under shady trees. There is an enclosed outside shower as you step out of the rear door from the kitchen, or easily accessible after the beach walking the pathway to the back yard. The property will be sold fully furnished (see attached inventory list). The seller has not been able to return to the USA from Germany because of COVID-19. Therefore, since the house is fully rented until October, autumn is the earliest that the owner can return to the USA to identify and remove artwork and personal items. Earliest proposed closing date would be in November, 2021
This listing is provided courtesy by HOMESTEAD REAL ESTATE CO. INC.
Map may not be 100% accurate.
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