Fabulous corner property boasts 100 x 103 lot. There are 2 buildings with a total of 9 apartments. The house in front is a Triplex, rear building has 6 apartments. There is (1) 3-Bedroom unit, (5) 2-Bedroom units, (3) 1-Bedroom units. Fully Rented with Leases, Rents are current, CAP rate of 6.2%. Current rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!
Property Type(s):
Multi Family
|
Last Updated
|
10/22/2025
|
Year Built
|
1940
|
|
Community
|
Wildwood
|
County
|
Cape May
|
Additional Details
| APPLIANCES |
Electric Water Heater |
| AREA |
Wildwood |
| HEAT |
Electric, Natural Gas |
| LOT DESCRIPTION |
Corner Lot |
| LOT DIMENSIONS |
10,001 |
| SEWER |
Public Sewer |
| TAXES |
13228 |
| WATER |
Public |
| ZONING |
R-2 |
Location
Courtesy of Doreen "Dee" Kraemer
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 10/26/25 8:16 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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