Wildwood Crest, NJ 08260,102 W Monterey Avenue

$620,000

$649,900

4.6%
Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

7,200 SqFt


SOLD DATE : 12/06/2019

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $86

MLS Listing ID 189513

Sold Date 12/06/19

Bedrooms 7

Annual Tax Amount $7,136

Tax Year 2019

Lot Dimensions 80X90

Property Sub-Type Duplex

Property Description

Endless Opportunity awaits you in this over 3000 Square Foot 7 bedroom Duplex with Spectacular Bay Views. Situated on a Huge 80 X 90 Double Sized Lot just a few short steps to Wildwood Crest's Gorgeous Sunset Lake. Options include continuing the current use and taking advantage of strong rental income of over $50,000 per year; enjoying the property as a Summer Retreat for Family & Friends; using one of the units while generating rental income from the other; a possible condo conversion into 2 seperate homes; you could even Build 2 Brand New Single Homes on this Double Lot. Sunset Lake has become one of Wildwood Crest's most valuable attractions featuring loads of activities including Boating, Swimming, Jet Skiing, Yoga, Biking, Fishing, Crabbing, Sight Seeing and some of the Greatest Sunsets you'll ever witness! The Duplex is in good condition with various updates seen in the photos. The Large 5 bedroom, 3 Bath West Unit is rented weekly during the summer seasons and the 2 bedroom, 1 bath East Unit is rented year round ( now on a month to month basis ) to a lovely couple. Each unit offers a Private fenced-in Back Yard to enjoy the Awesome Bay Breezes and private storage in the detached garage building. Hurry to schedule your private showing of this Rare Opportunity before She gets away. Call Today!

Location

State NJ

County Cape May County

Area Wildwood Crest

Zoning R1-A

Location Details Water View

Rooms

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

Interior

Hot Water Electric

Heating Electric, Baseboard, Multi-Zoned

Cooling Central Air, Electric, Ceiling Fan, Wall Air Conditioning

Exterior

Exterior Feature Patio, Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, Other (See Remarks), Waterview

Building

Lot Description Water View

Sewer City

Water City

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Listed by RE/MAX At The Shore
Bought with RE/MAX At The Shore
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2789 Dune Drive, Avalon, NJ, 08202

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