Wildwood, NJ 08260,222 E Rio Grande  Avenue #Boudreaux's French Quarter Apartments

$190,000

$224,900

15.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/15/2017

Key Details

Sold Price $190,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 176722

Sold Date 12/15/17

Annual Tax Amount $6,460

Tax Year 2017

Lot Dimensions 36 x 100

Property Sub-Type Apartment

Property Description

Boudreaux's French Quarter Apartments, Seven Unit Turnkey Money Maker. Repeat seasonally employed tenants that return every year so guaranteed excellent rental income as currently operated or operate as you desire. There are five two bedroom and two one bedroom units each with separate entrances. The owners ground level apartment has gas heat so can be utilized for year round living or year round rental. Located near the beach, boardwalk, convention center with ocean view from most of the covered porches. The property is being offered fully furnished with rental income in place. The owner is retiring so the property is aggressively priced to sell. The property is being Sold AS IS. The owner conducts yearly maintenance and the property is in compliance with the City of Wildwood Fire Department and Code Enforcement Department. The current tenants are seasonally employed and return each summer so they take excellent care of the property and provide consistent rental income with no hassle for the owner. Money Maker.

Location

State NJ

Area Wildwood

Location Details Island

Interior

Heating Gas Natural, Baseboard

Exterior

Exterior Feature Porch

Building

Lot Description Island

Sewer City

Water City

New Construction No

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Listed by RE/MAX At The Shore
Bought with LONG & FOSTER REAL ESTATE, INC sh
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