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$ 610,000
Est. payment | /mo
7 Beds
3 Baths
$ 610,000
Est. payment | /mo
7 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 253550
Bedrooms 7
Year Built 1930
Annual Tax Amount $5,831
Tax Year 2024
Lot Dimensions 40x100
Property Sub-Type Triplex
Property Description
Located just a short walk from the beach and boardwalk, this Wildwood triplex presents a strong investment opportunity in a prime shore location. The main building is a top-and-bottom duplex featuring a first-floor unit with three bedrooms, one bathroom, and a covered front porch, along with a second-floor unit offering two bedrooms, one bathroom, and its own covered front porch. The rear stand-alone unit spans two levels and includes two bedrooms and one bathroom. The property offers excellent income potential with estimated total rents of approximately $5,700 per month. The property is being sold strictly in as-is condition, with the buyer responsible for all municipal inspections. The City has identified exterior painting of the building and replacement of the rear steps leading to the second-floor unit as required items.
Location
State NJ
County Cape May County
Area Wildwood
Location Details Inside Lot,Island
Rooms
Other Rooms Living Room, Kitchen, Dining Area
Interior
Hot Water Electric
Heating Gas Natural, Electric, Baseboard, Forced Air, Hot Water
Cooling Wall Air Conditioning
Exterior
Exterior Feature Deck, Porch, Fenced Yard
Building
Lot Description Inside Lot, Island
Sewer City
Water City
New Construction No
Listed by BLUE HOMES REAL ESTATE LLC