118 E Taylor Avenue Under Contract Save Request In-Person Tour Request Virtual Tour
Wildwood,NJ 08260
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $299
MLS Listing ID 233368
Bedrooms 14
Year Built 1910
Annual Tax Amount $11,736
Tax Year 2022
Lot Dimensions 100X100
Property Description
Investor Alert! Here is an incredible opportunity to own The Crestview Inn Apartments! This 8-unit complex offers 14 bedrooms, 8 full kitchens, 9 full bathrooms, 2 powder rooms, 14 parking spaces, & an inground pool...All perfectly situated on on 100'x100' lot in an R-2 Zone very close to the Convention Center, Boardwalk, Restaurants, Mini-Golf, Etc. this is one that you won't want to miss. The 3' to 6' deep pool is enclosed in a spacious area allowing for plenty of lounge chairs. There are two outdoor showers with hot & cold water, an additional outside room with toilet for easy access from pool, & multiple storage rooms plus a bike rack. Currently used for short term summer rentals these units are heated (varying heat sources) and separately metered so they would be ideal for continued use as short term/weekly rentals, seasonal summer rentals, or possibly year round rentals. Of course all buyers need to perform their own due diligence & confirm their plans with the city for use and/or redevelopment. This building is being sold mostly furnished so buy it soon and start booking your summer rentals right away!
Location
State NJ
County Cape May County
Area Wildwood
Zoning R-2
Location Details Island
Rooms
Other Rooms Storage Space
Interior
Hot Water Gas
Heating Gas Natural,Electric,Baseboard
Cooling Other
Exterior
Exterior Feature Patio,Deck,Porch,Outside Shower,Pool
Building
Lot Description Island
Sewer City
Water City
New Construction No