Price $699,000
Status Active
Beds 2
Baths 1 Bath
Home size n/a
Lot Size 5,663 sqft
Days on Market 86
Rare opportunity with this YEAR-ROUND 5-unit Multi Family complex in desirable Wildwood Crest. Ideally situated just 3 blocks from the FREE Wildwood Crest beaches and just 1 bock from the Bay. This property features 1 (2) bedroom 1 bath owner quarters, plus 4 (1) bedroom 1 bath units. All 5 units are heated and the 4 (1) bedroom units are rented to stabile year-round tenants totaling $3260 month. Most of the units have been updated recently including new flooring, kitchenettes etc. The long-time owners are looking to retire and pass the torch to someone new. Terrific opportunity to utilize the owners' quarters on a full time or part time basis or can also be rented for additional income. Features include outside shower and off-street parking for up to 4 cars. Front portion of roof just replaced in June 2021. On-site property manager occupies one of the 1-bedroom units at a reduced rate for peace of mind when owners aren’t present. Sold fully furnished all units. Although no major repairs appear to be needed, property being conveyed “as is”.
Property Type(s): Multi Family
Last Updated 8/4/2021 Year Built 1964
Community Wildwood Crest

Additional Details

AIR Wall Air Conditioning
AREA Wildwood Crest
BASEMENT Crawl Space, Yes
EXTERIOR Deck, Outside Shower
HEAT Gas Natural, Multi-Zoned
INTERIOR Also Included: Furniture
LOT 1 to 6000 SqFt
PARKING 3 Car,Concrete Driveway
TAXES 5107.02



Contact us about this Property

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Colleen Riley to contact you even if your name is on a Federal or State "Do not call List".

Courtesy of Rio Realty

Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Daniels Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Data last updated 9/26/21 6:17 AM PDT

This IDX solution is (c) Diverse Solutions 2021.

Email a Friend