115-117 W Poplar Avenue, Wildwood, NJ 08260
115-117 W Poplar Avenue, Wildwood, NJ 08260
115-117 W Poplar Avenue, Wildwood, NJ 08260
115-117 W Poplar Avenue, Wildwood, NJ 08260
115-117 W Poplar Avenue, Wildwood, NJ 08260
115-117 W Poplar Avenue, Wildwood, NJ 08260
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Kayla Noll

Kayla Noll

+1(732) 735-1918
$ 1,499,000
Est. payment | /mo

11 Beds

7 Baths

5,401 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

11 Beds

7 Baths

5,401 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,401 sqft

Price per Sqft $277

MLS Listing ID 260794

Bedrooms 11

Year Built 1935

Annual Tax Amount $9,779

Tax Year 2025

Lot Dimensions 60-x90

Property Sub-Type Apartment

Property Description

Rare opportunity to acquire a 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and two spacious 3-bedroom condo-style units, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. With the current price point of $1.499M, there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.

Location

State NJ

County Cape May County

Area Wildwood

Location Details Cleared Lot,Inside Lot,Mainland

Rooms

Other Rooms Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Workshop, Storage Space

Interior

Hot Water Electric

Heating Electric, Baseboard, Multi-Zoned

Cooling Ceiling Fan, Electric, Multi Zoned

Exterior

Exterior Feature Patio, Deck, Enclosed/Cov. Patio, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Building

Lot Description Cleared Lot, Inside Lot, Mainland

Sewer City

Water City

New Construction No

Others

Acceptable Financing Conventional, Other Financing

Listing Terms Conventional, Other Financing

Financing Conventional,Other Financing

Listed by BERKSHIRE HATHAWAY HS FOX & ROACH sic
NEARBY SCHOOLS & PROPERTIES
Kayla Noll
Kayla Noll

Broker Associate | License ID: NJ-1643324

+1(732) 735-1918 | kayla@kaylanollgroup.com

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115-117 W Poplar Avenue