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115-117 W Poplar Avenue, Wildwood - Active

$1,850,000 PRICE
10 BEDROOM(S)
7 BATHROOM(S)
7 HALF BATH(S)
22 MARKET DAYS

Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch. Providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.

Features / Amenities
  • Patio
  • Deck
  • Enclosed/Cov. Patio
  • Porch
  • Fenced Yard
  • Outside Shower
  • Living Room
  • Dining Room
  • Kitchen
  • Den/TV Room
  • Dining Area
  • Laundry/Utility Room
  • Florida Room
  • Heating: Gas Natural
  • Heating: Electric
  • Heating: Radiator
  • Heating: Multi-Zoned
  • Heater: Electric
  • Conventional
  • Other Financing
  • Cooling: Electric
  • Cooling: Ceiling Fan
  • Cooling: Wall Air Conditioning
  • City
Location / Map
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Listing is provided by BERKSHIRE HATHAWAY HS FOX & ROACH sic. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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