Wildwood, NJ 08260-4745,209 E Spencer Avenue
Wildwood, NJ 08260-4745,209 E Spencer Avenue
Wildwood, NJ 08260-4745,209 E Spencer Avenue
Wildwood, NJ 08260-4745,209 E Spencer Avenue
Wildwood, NJ 08260-4745,209 E Spencer Avenue
Wildwood, NJ 08260-4745,209 E Spencer Avenue
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$995,000

$1,089,900

8.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/20/2024

Key Details

Sold Price $995,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 222226

Sold Date 12/20/24

Year Built 1920

Annual Tax Amount $11,138

Tax Year 2021

Lot Dimensions 40x100

Property Description

Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms. There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!

Location

State NJ

County Cape May County

Area Wildwood

Interior

Hot Water Gas

Heating Gas Natural

Cooling Wall Air Conditioning

Building

Sewer Public

Water Public

New Construction No

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Listed by LONG & FOSTER REAL ESTATE, INC - OC
Bought with Non Member
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