Courtesy: WEICHERT REALTORS CITY TO SHORE - cm
Don't forget to check out our 3D Tour. Ideal multi-family retreat or Incredible investment opportunity in the heart of North Wildwood! This charming four-plex property features a spacious main house with five bedrooms, 2.5 bathrooms, a convenient laundry room, and two versatile extra rooms perfect for a home office, gym, or the kids game room.. Outdoor amenities include two showers and ample storage, ideal for beach living.The property also includes three additional one-bedroom units, each with private entrances. These units offer excellent potential for rental income or can be used to comfortably host visiting family and friends.Located just one block from the stunning North Wildwood beach and the lively Wildwood Boardwalk, residents and guests can easily access waterparks, amusement piers, dining, shopping, and a variety of events. With its prime location and flexible layout, this property is a true gem! Donâ??t miss this rare opportunity to own a beachside investment property in one of New Jerseyâ??s most popular coastal towns.
Courtesy: LEES REAL ESTATE
EXTRAORDINARY INVESTMENT OPPORTUNITY! Imagine the rental income you could generate OR sell individually as condos, this is a "ready to go" condo conversion with background work completed! This charming coastal inspired six-unit multifamily property is situated approximately 2.5 blocks from the beach and boardwalk in an amazing location. Enjoy amusements and water parks, fantastic restaurants, recreational parks and so much more, all within close proximity. All units in this building have full heat and air conditioning, offering options for renting for short term summer rentals, longer seasonal / shoulder season rentals or year-round. You could even reserve a unit for personal use and still produce a strong income. The wrap around porch on the second level is the perfect spot to line up the rocking chairs and enjoy the sounds and sights of people enjoying life at the beach. Both units 3 and 4 are accessed from this porch. Unit 3 (on the 2nd level) is a beautiful 2 bedroom, 1 bath with stunning hardwood flooring throughout, a large living room, dining area, kitchen with plenty of cabinets and tile flooring with walk in pantry, and a bath with large tile shower and unique dresser style dual sink vanity and washer/dryer hookups, and a deck off the kitchen. Unit 4 (up the stairs on the 3rd level) is a 2 bedroom, 1 bath with original stainless window features, original doors with glass knobs - it's very charming. This unit has new carpeting throughout, a private washer and dryer, kitchen and living room. The front deck dedicated to this unit has massive and expands the living space. The top floor is unit 5, and that is the largest of the units with 3 bedrooms and 1 bath, with a beautiful open layout. Units 1 and 2 are on the ground level. Unit 1 is a two bedroom, two bath with living room and kitchen, and its own small deck. Unit 2 is a one bedroom, one bath with a sitting room with patio, kitchen, bath with tub, and a private washer and dryer. Unit 6 is the free standing cottage, which is a 1 bedroom, 1 bath with kitchen and sitting area, perfect for an on site owner or manager to use as their residence. The owner has made many improvements to this property - it has attractive vinyl siding for minimal maintenance, all systems and utilities are separated to each unit, all kitchens and baths have been updated - the property is ready to go for 2025! Situated on a large 64 X 100 lot, there is plenty of parking and outdoor space for all units. Income potential exceeds $125,000 easily and could push higher with a short-term rental approach, and the condominium conversion route appears to yield a nice profit when we run the numbers. Don't miss your chance to invest in a one of a kind property in North Wildwood! NOTE: AI GENERATED VIRTUALLY STAGED PHOTOS HAVE BEEN INCLUDED SHOWING CERTAIN ROOMS FURNISHED.
 |
| The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Cape May MLS. All Rights Reserved. |
North Wildwood is located in New Jersey. North Wildwood, New Jersey has a population of 3,625. North Wildwood is less family-centric than the surrounding county with 12.8% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in North Wildwood, New Jersey is $72,500. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in North Wildwood is 60.6 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11.6 inches of snow per year.
