$190,000
$224,900
15.5%For more information regarding the value of a property, please contact us for a free consultation.
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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