$620,000
$649,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
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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