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$ 750,000
Est. payment | /mo
4 Baths
$ 750,000
Est. payment | /mo
4 Baths
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 606961
Full Baths 4
Year Built 1920
Annual Tax Amount $7,143
Tax Year 2025
Property Sub-Type 4 - 10 Units
Property Description
Incredible investment opportunity located on the desirable 200 East block of Glenwood Ave, just two short blocks from the beautiful Wildwood Beaches and Boardwalk. This multi-family property features four separate units, presenting a strong opportunity for investors seeking a multi-unit asset in a high-demand shore market. The units have been condo-approved, offering flexibility for future resale or individual unit disposition. One of the four units has already been updated, allowing for immediate rental or the option to sell as a standalone condo. The detached cottage is fully separate from the main building and includes its own utilities, adding further flexibility for leasing or resale strategies. Three of the four units offer value-add potential through updates, giving investors the opportunity to enhance returns over time. This prime location offers direct access to sand, surf, dining, and entertainment, making it highly desirable for both annual and seasonal tenants.
Location
State NJ
County Cape May
Community Wildwood
Area Wildwood City
Location Details Water View
Interior
Heating Electric
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by eXp Realty - Montclair
MaryAnne Verfaillie
Broker-Associate, NJ & PA | License ID: NJ 9591467 - PA AB069513
+1(609) 816-1199 | team.citytotheshore@gmail.com