Water Views
Address
238 E Leaming Avenue Wildwood, NJ
Price
$ 649,777
Property Attributes
  • MLS#211812
  • TypeMulti-Family
  • CountyCAPE MAY
  • CityWildwood
  • AreaWildwood
  • NeighborhoodWildwood City
  • Zip08260
  • Style
  • Taxes$ 8831
  • Price$ 649,777
  • Bedrooms12
  • Full Bathrooms6
  • Half Bathrooms0
Listing Provided Courtesy Of:
LONG & FOSTER REAL ESTATE, INC av
Data Source:
Cape May County MLS
Property Description

Amazing Opportunity to own (6) 2 Bedroom units just 1.5 blocks to the Beach. Conveniently located just a few blocks to the convention center, Wildwood Crest and the Boards. Property has 5 of 6 units rented this season (Full Season rentals) for $56000. If you were to rent owners quarters, you would have $66,000 in rentals this season alone. If rented weekly, we believe this property would gross over $80,000/season. This property consists of a 4 unit front building and a rear duplex. This Cash Cow also has an outside shower, Private decks for tenants, an ocean view, huge driveway, outside shower and is surrounded by a lot of newer construction homes. If this property were to be converted to condos, Out sales would easily exceed $1million in todays market. Properties being sold turnkey and ready for tenants. 24 HOUSR NOTICE REQUIRED

Price History
5/19/2021 Listed $649,777

General Features

Basement Crawl Space
Cooling Wall Air Conditioning
Exterior Features Cable TV, Deck, Enclosed/Cov. Patio, Outside Shower, Porch, Sidewalks, Storage Building
Heating Baseboard
Parking 3 Car, Concrete Driveway
Type Other
Water City
Zoning RM

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08260

Price
AVG $590K
$650K
Taxes
AVG $6,886
$8,831
Visits
AVG 39
6
Walkscore
AVG 74
80
Data Provided by Walkscore ® not using MLS data

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