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Featured Home by Chris Clemans Sotheby’s International Realty

402 Lincoln Ave.

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402 Lincoln Ave., Cape May Point
5 Bedrooms | 3 Baths | Single Family
This Cape May Point historic Victorian Cottage circa 1876 has been renovated and restored as a three-unit beach block property with excellent summer rental history, presently used as a single family home. The Dr. Isaac S. Fogg Cottage has been updated with modern kitchens and baths in each of the three apartments, but maintains the historic charm with hardwood floors, high ceilings, many windows, a covered porch, a deck and a screened porch.
Unit one has access to the wraparound porch which is both open and screened, a spacious living room with a dining area, a lovely new kitchen, one bedroom and a full bath. Unit two is accessed from the back door into a bedroom with an attached full bath with a laundry closet. The stairs lead up to the second floor into a bright and sunny kitchen and a living area with a screened porch. Unit three has a staircase located in the back, leading into a deck entrance to the two-bedroom apartment with a new kitchen and bathroom and a lovely bright living room.
Currently the house is rented as a whole with five bedrooms, three baths and sleeping 12 guests with an average income of over $40,000 for the summer season. There are endless possibilities here. Rent one or two units and keep the other for your own use. The property is situated on a large corner lot, located just two houses to the entrance to the beach and facing the historic St. Peters Episcopal Church. Sold mostly furnished with the exception of artwork and personal items. Listed at $1,095,000.
See this Featured Home and other properties at www.chrisclemanssir.com. For more information, call (609) 884-3332 or visit the office at 1159 Washington St., Cape May. 

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