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Key Details
Sold Price $943,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,598 sqft
Price per Sqft $262
MLS Listing ID 221696
Sold Date 09/29/22
Bedrooms 7
Year Built 1950
Annual Tax Amount $5,063
Tax Year 2021
Lot Dimensions 40x90
Property Description
LOCATION LOCATION LOCATION!!! This two-story property is only 2 blocks to the beach and 1.5 blocks to the bay in the heart of Wildwood Crest⦠Start with a wonderful front porch that gives way to a first-floor unit boasting 4 bedrooms, 3 full baths (renovated not long ago), a recently remodeled eat-in kitchen, large living room & den There is a big back yard equipped with BBQ grill, tiki bar, fire pit, lounge chairs and dining set. 2 outdoor hot water showers, indoor and outdoor washer/dryers and storage closets for your bikes and beach chairs & gear. The second floor consists of 2 units. The second unit boasts 2 bedrooms, 1 bath, eat-in kitchen with den. The third unit has 1 bedroom, 1 bath, eat-in kitchen and den. Take in the amazing views of the bay and beach from the 2nd floor balcony! There is also an attic for all your storage needs. The house comes furnished with a lot of extras. The owners occupy the first floor and rent out the 2 units upstairs. Gross income (when fully booked) is aprox. 50K for the season so the new owner could potentially make 100K if willing to rent all 3 units. Is currently booked through Airbnb for approx. 40 days and more bookings coming in. The possibilities here are endless⦠Call today for your appointment. You must see this property to truly appreciate its location and potentials so make your appointment today.
Location
State NJ
County Cape May County
Area Wildwood Crest
Location Details Inside Lot,Island,Water View
Rooms
Other Rooms Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space
Multi-Unit Info
Total Units 3
Unit 1 Information SqFt: 1; Bedroom: 4; Bathroom: 3
Unit 2 Information Bedroom: 2; Bathroom: 1
Unit 3 Information Bedroom: 1; Bathroom: 1
Interior
Hot Water Gas
Heating Gas Natural, Forced Air
Cooling Central Air, Ceiling Fan
Exterior
Exterior Feature Patio, Deck, Porch, Grill, Fenced Yard, Cable TV, Outside Shower, Waterview
Building
Lot Description Inside Lot, Island, Water View
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with LONG & FOSTER REAL ESTATE, INC av