Description
Another incredible four bed two bath condo just blocks from the Wildwood Boardwalk and beaches!! This unit has been cashflow positive from day one for the current owners and they did the heavy lifting with the majority of the renovations! This and the sister unit four that recently sold, have been producing upwards of $50,000 of annual gross rental income. It is also perfect for a secondary shore home and or primary residence as it is a year round small association, of four units total. The homeowners association has an adequate budget in place for 2022 and beyond and is available as requested pending any offers submitted. The location is amazing with direct proximity and access the staples like Mack's Pizza, The heart of the famous Wildwood Boardwalk and of course Morey's Piers and those beautiful wide white sandy beaches! Within walking distance to the annual Barefoot country music festival and Wildwood convention center which is excellent for rental income potential in the off season and shoulder periods. This beach house has been upgraded and updated throughout and has beautiful subway tile in the kitchens, stainless steel appliances, granite countertops and of course updated bathrooms to support the remainder of the home. Don't let this one pass you by. This is one of the best value purchases on the market under $400,000 on the market currently!
Location
Similar Listings
6 Beds
14 Baths
30,000 Sq ft
$50,000,000
MLS# VAFX2113294
ACTIVE
Courtesy of: Long & Foster Real Estate, Inc.
3 Beds
2 Baths
2,849 Sq ft
$49,300,000
MLS# 1004386171
Hold
Courtesy of: Long & Foster Real Estate, Inc.
$49,300,000
MLS# 1000141189
Hold
Courtesy of: Long & Foster Real Estate, Inc.
5 Beds
10 Baths
30,000 Sq ft
$49,000,000
MLS# MDMC2081780
ACTIVE
Courtesy of: TTR Sotheby's International Realty
$45,000,000
MLS# VAAB102254
ACTIVE
Courtesy of: TTR Sotheby's International Realty
$45,000,000
MLS# VAAB2000284
ACTIVE
Courtesy of: TTR Sotheby's International Realty
$45,000,000
MLS# VAAB2000232
ACTIVE
Courtesy of: TTR Sotheby's International Realty
8 Beds
13 Baths
33,000 Sq ft
$39,000,000
MLS# VAFX2067572
ACTIVE
Courtesy of: TTR Sotheby's International Realty
$34,000,000
MLS# PACT2013188
CONTRACT
Courtesy of: Kurfiss Sotheby's International Realty
$33,600,000
MLS# VAPW511032
ACTIVE
Courtesy of: Sareen Realty, Inc.
$30,000,000
MLS# VAFB116694
ACTIVE
Courtesy of: Coldwell Banker Elite
23 Beds
16 Baths
25,939 Sq ft
$29,950,000
MLS# VAFQ159458
ACTIVE
Courtesy of: McLean Faulconer Inc, Realtors
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: LONG & FOSTER REAL ESTATE, INC Av Copyright 2022 Cape May County Association of Realtors. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 22nd March, 2023 4:18 PM (UTC)
