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$ 1,075,000
Est. payment | /mo
10 Beds
6 Baths
6,000 SqFt
$ 1,075,000
Est. payment | /mo
10 Beds
6 Baths
6,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $179
MLS Listing ID 262382
Bedrooms 10
Year Built 1920
Annual Tax Amount $9,031
Lot Dimensions 60 x 100
Property Sub-Type Four-Plex
Property Description
Let's step back in time and imagine summers spent on the grand wraparound porch of this stately 1920 Victorian era property... where rocking chairs, overflowing flower baskets and salty ocean breezes were enjoyed by generations. Now this same porch offers a lucky buyer the chance to gather with family and friends, sip coffee or cocktails, and enjoy the Friday night fireworks. Owned by the same family for the past 22 years, this home at 217 E. 24th Avenue is filled with the kind of character and architectural details that simply cannot be recreated today, while also offering an exceptional amount of space and the added benefit of 3 rental units for overflow guests or income. The location is perfect - close to the beach and boards. The expansive main residence offers 7 bedrooms and 3 full baths spread across multiple levels. Enter into a gracious living room highlighted by soaring ceilings, a sweeping staircase, stained glass windows and the unmistakable charm of a home built more than a century ago. The main level also features a formal dining room, spacious eat in kitchen and first floor bedroom with ensuite bath with corner shower. One of the home's most memorable details is the old fashioned rear staircase tucked off the kitchen, winding upward to meet the main staircase - a wonderful reminder of the home's 1920s history. Interior access to the basement provides additional convenience, with a washer and dryer located below. Continue upstairs to find three additional bedrooms and an updated full bath. One of the bedrooms, used as the primary, has a second room attached which the owners used as their TV room, but could offer flexibility for extra sleeping space. These rooms have hardwood floors and charming features like window seats. The uppermost level offers two more bedrooms along with generous storage tucked into the eaves. Open the windows up here and let the incredible cross breezes from the ocean and bay sweep through - one of those simple shore house pleasures that makes you understand why homes like this have been loved for generations. You'll even note that each of the doors has a number on it, harking back to its history as a rooming house. While the home retains its vintage personality, a number of meaningful improvements have already been completed. The main house received a new roof in summer 2025, the windows have been updated with vinyl tilt-in replacements, the exterior has been vinyl wrapped, new railings have been installed on the front porch last year, and the main sewer line was replaced approximately two years ago. The main residence is heated by gas hot-water baseboard heat and offers some window A/C. There is terrific yard space also for lawn games and BBQ's. The ground level front apartment offers 1 bedroom and 1 bath and is currently rented for $1,050/mo. including utilities. The ground level rear apartment offers 1 bedroom plus office/possible small 2nd bedroom, and 1 bath and is also rented for $1,150/mo. including utilities. A separate rear cottage features 1 bedroom and 1 bath and is rented for $1,150/mo. with separate electric. The tenants are long term occupants on month to month leases who would be happy to remain if possible, providing a buyer with immediate rental income. Outside you'll also find an enclosed outdoor shower, storage shed and ample off-street parking for 6-7 cars, especially valuable at the shore. Being conveyed as-is. Whether you're drawn to the idea of restoring and enjoying a grand old North Wildwood home, envision a property that can accommodate extended family and guests, or appreciate the value of having established rental income from day one, this is a truly a one of a kind opportunity. Homes with this much history, character, space and versatility don't come along every day - and that wraparound porch is just waiting for more summer memories to be made. Sold As Is.
Location
State NJ
County Cape May County
Area North Wildwood
Zoning R1
Location Details Inside Lot,Island
Rooms
Other Rooms Living Room, Dining Room, Kitchen, Den/TV Room, Eat In Kitchen, Great Room, Storage Space
Interior
Hot Water Gas
Heating Gas Natural, Baseboard, Hot Water
Cooling Other
Exterior
Exterior Feature Patio, Porch, Storage Building, Cable TV, Sidewalks, Outside Shower
Building
Lot Description Inside Lot, Island
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Listed by LEES REAL ESTATE
NEARBY SCHOOLS & PROPERTIES
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