North Wildwood, New Jersey
Listing Price: | $879,000 |
Listing ID: | 238247 |
Property Type: | Multi |
Bedrooms: | 6 |
Bathrooms: | 4 |
Lot: | 13 |
Block: | 165 |
Lot Size: | 60' x 100' |
Great investment opportunity! $100,000 proven annual income with potential for $130,000. Large 60x100 townhome buildable lot. This 4 unit property has earned up to $100,000 in income on Airbnb/VRBO the last 5 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent and you can easily make $120,000 to $130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included and all the units are proven, year round moneymakers. Guests love the large fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A/C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A/C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A/C. Newer roof and siding on the main house.
UNIT #1 | 1st Floor Front | HEATING/COOLING | Yes |
LIVING ROOM | Yes | INTERIOR FEATURE | |
DINING ROOM/AREA | Yes | EXTERIOR FEATURE | New Porch |
KITCHEN | Yes | ALSO INCLUDED | |
FURNITURE | Yes | COMMENT | 1 Bed/1 Bath |
HEATING/COOLING | Yes | UNIT #3 | 2nd Floor |
INTERIOR FEATURE | LIVING ROOM | Yes | |
EXTERIOR FEATURE | DINING ROOM/AREA | Yes | |
ALSO INCLUDED | KITCHEN | Yes | |
COMMENT | 2 Bed/1 Bath | FURNITURE | Yes |
UNIT #2 | 1st Floor Rear | HEATING/COOLING | Yes |
LIVING ROOM | Yes | INTERIOR FEATURE | |
DINING ROOM/AREA | Yes | EXTERIOR FEATURE | |
KITCHEN | Yes | ALSO INCLUDED | |
FURNITURE | Yes | COMMENT | 2 Bed/1 Bath |