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$ 750,000
Est. payment | /mo
12 Beds
4 Baths
3,600 SqFt
$ 750,000
Est. payment | /mo
12 Beds
4 Baths
3,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $208
MLS Listing ID 261037
Bedrooms 12
Year Built 1920
Annual Tax Amount $7,142
Tax Year 2025
Lot Dimensions 3,149
Property Sub-Type Four-Plex
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 County
Area Wildwood
Zoning R2
Rooms
Other Rooms Living Room, Kitchen
Interior
Hot Water Electric
Heating Electric
Cooling Other
Exterior
Exterior Feature Deck, Waterview
Building
Sewer Public
Water Public
New Construction No
Listed by eXp REALTY
Nearby Locations
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12320 Academy Rd, Philadelphia, Pennsylvania, 19154, USA