For Sale 18 Cooper, Somers Point, NJ, 08244

This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two well-maintained units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 (Rented until April 1st): Tenant has been in place for 10+ years but moving out March 31st. Unit will need work and could rent for approx. $2,000 when fixed up. Unit 2 (Vacant): Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Tenants pay electric, gas, and water utilities. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in \"as is\" condition. No Repairs will be made by seller.

Updated Pictures! As it is known, a great location is the key to a comfortable life! Come and see this nice Somers Point property situated only a couple of miles away from the ocean and Ocean City. The property has it all: four bedrooms, one and a half bathrooms, and a big yard. The place has a lot to offer and it is located in a quiet neighbourhood. Property sold in AS IS condition! Buyer is responsible for obtaining the CO from the city of Somers Point.

Welcome to this charming 3-bedroom, 2-bath rancher located in Somers Point! This property offers a fantastic opportunity to put your personal touch on a home with great potential. Featuring solar panels for energy efficiency, this home also boasts a spacious backyard complete with a retractable awning—perfect for outdoor entertaining. Enjoy a lush lawn with the convenience of a sprinkler system. The crawl space is equipped with a sump pump and dehumidifier for added peace of mind. This home is being sold in as-is condition, providing an excellent canvas to make it your own. Don’t miss out on this fantastic value in a prime location! Schedule your showing today.