$615,000
Sold

143 E Spencer Avenue

Wildwood, NJ 08260
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

This 4 unit muti-family complex is a RENTAL POWER HOUSE! Property features a triplex within the main building and a private cottage located in the back. There are many options to utilize this income producing property. This is the perfect location for summer "weekly rentals", Airbnb or just continue renting on a monthly basis and rake in over $65 K in gross profits. The main 3 bedroom 2 bath unit has recently been freshly painted and brand new carpeting installed. This unit is currently vacant and ready to be occupied by a buyer or rented to a tenant of the buyer's choice. Why not "move right in" and have the 3 unit income stream pay your mortgage?! This neighborhood is anticipating a revitalization from the "Pacific Avenue Redevelopment Plan" so look forward to a boom in real estate appreciation. Brand new construction project is currently being built across the street. Located only 2 short blocks from Wildwood beaches and World Famous Boardwalk.

  • Property Details
      • Property TypeResidential Lease
      • Property SubtypeCondominium
      • CountyVentura
      • Cost2200.00
      • Square Feet995.00
      • Built In2006
      • Garage Spaces2.00
      • Bedrooms2
      • Bathrooms2
      • Stories1

Location

Cindy RaghunandanReal Estate Group