$405,000
$439,900
7.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,652 SqFt
SOLD DATE : 12/07/2017
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $152
MLS Listing ID 178819
Sold Date 12/07/17
Bedrooms 6
Year Built 1910
Annual Tax Amount $7,182
Tax Year 2017
Lot Dimensions 60x100
Property Sub-Type Four-Plex
Property Description
Enjoy the character of Old Wildwood with the updates of today. This four-plex is new to the market & has many updates. Located in the south end of Wildwood almost near the Crest, this property is just about 1.5 blocks from the beach. You are sure to enjoy the multiple decks & porches complete with wrought iron rails. Many updates in the past 8-12 years including Roof, Siding, Windows, & Decks. Offstreet parking for up to 6 vehicles, a fabulous fenced rear yard is great for enjoying summer parties with a full Tiki Bar, nice lawn, & big storage shed included. You will also find some versatility in the floorplan so making changes could be pretty simple if you want to combine units. With a history of long term tenants & on site owners there is surely potential to increase the income on this investment opportunity. The owners occupy unit C which offers 2 bedroom/2 baths and should easily rent for $9,000+ per season and the owners kept the rents low for their long term tenants in the other units. This building also offers a shared laundry room with shower stall & is being sold almost completely furnished minus just a few personal pieces. Great property for the savvy investor or end user.
Location
State NJ
Area Wildwood
Rooms
Other Rooms Laundry/Utility Room
Interior
Hot Water Gas
Exterior
Exterior Feature Patio, Deck, Sidewalks, Outside Shower
Building
Sewer City
Water City
New Construction No
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