114 Decatur Street, Cape May

Welcome home to 114 Decatur Street in the heart of historic Cape May. “The Sugar Plum Cottage” is an amazing opportunity to own a Victorian beach home steps to the ocean with a built-in rental income. This stunning Victorian home includes six bedrooms and six bathrooms with custom details and original architecture throughout the residence and has been restored to include all of the modern amenities. As you enter the home you a greeted by the formal living room with fireplace and grand staircase that leads into a spacious dining area and kitchen towards the back of the home. The kitchen is equipped with updated counter tops and white appliances. There are two bedrooms downstairs, one is a master bedroom suite with private bathroom and clawfoot tub. There also is a hallway bathroom with laundry area. Upstairs there are three more bedrooms, three full bathrooms, kitchenette and additional living area. On the third floor there is one more bedroom and private bathroom with shower. Enjoy beautiful outdoor space with a beautiful front porch, second floor sun deck, back yard and off street parking for three cars. The “The Sugar Plum Cottage” currently is rented for the Summer 2021 season and is a pet friendly rental that sleeps 16. The rental rates are $2,890-$ 7,800 per week with two and three night minimums in the off season at $800 a night. The owner does not rent aggressively and use the home frequently Grossing approx. 112,000 this year or more, if owner weeks booked by paying guess $145,000 is the potential. 114 Decatur street is steps to the Decatur street beach and all of the night time entertainment and restaurant’s that Cape May has to offer. Set your showing today! Many new updates see attached sellers disclosure and rent schedules.