Price $1,650,000
Status Active
Beds 4
Baths 2 Baths
Home size 4,422 sqft
Lot Size 5,663 sqft
Days on Market 88
AMAZING investment opportunity! Wonderful multi- unit with $130K in income currently booked for summer 2022 and more projected. 2021 had $147K of gross revenue. This completely turnkey triplex comes fully furnished and is centrally located just three short blocks to the beach and boardwalk and SLEEPS UP TO 35 PEOPLE!. The main unit has three floors of comfortable, spacious living space with 7 bedrooms and 3 baths and a wonderful wrap-around porch spanning two levels of this massive home, lined with rockers and perfect for those breezy summer nights. The second unit consists of 4 bedrooms and 2 full baths along with a back “cottage” unit that has 2 beds and 1 bath. Each unit has central air, designated own outdoor shower, off-street parking that can hold up to 6 cars, outdoor storage for each unit and outdoor grounds for each unit along with two grills for a big summer BBQ. The current owners have made updates to each unit in the kitchen and baths and everything right down to the sheets and vacuums are included in the sale - truly a turnkey property. With a history of repeat renters this home is easily rented all summer - add in the shoulder months for reunions or large groups vacationing together or winter rentals and increase your income even more! Or keep one unit for yourself and let the rest of the rental income pay for your beach home. The possibilities are endless! This is one of the largest multi-unit rental properties in North Wildwood situated on a wonderful residential street. You won’t want to miss out on your chance to add this to your income portfolio. You’ll be amazed at the size of this home. Schedule your tour today and see it for yourself.
Property Type(s): Multi Family
Last Updated 6/3/2022 Year Built 1925
Community North Wildwood

Price History

Prior to Jun 3, '22 $1,799,000
Jun 3, '22 - Today $1,650,000

Additional Details

AIR Ceiling Fan, Central Air
AIR CONDITIONING Yes
AREA North Wildwood
EXTERIOR Deck, Fenced Yard, Outside Shower, Patio, Porch, Sidewalks
HEAT Gas Natural
INTERIOR Also Included: Furniture
LOT 1 to 6000 SqFt
LOT DIMENSIONS 60 x 100
PARKING Parking Pad,Concrete Driveway
SEWER Public
STYLE Triplex
TAXES 8383
WATER Public
ZONING R1

Location

 

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Data last updated 8/8/22 2:36 AM PDT

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