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Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 231304
Sold Date 09/07/23
Annual Tax Amount $4,721
Tax Year 2021
Lot Dimensions 3202
Property Description
Introducing 106 E Denver St, a remarkable duplex nestled in the heart of Wildwood Crest, NJ. This extraordinary investment opportunity presents not one, but two distinct living spaces, each offering a comfortable and convenient lifestyle. With two existing tenants, this property is already generating income, making it an ideal prospect for savvy investors. The first floor boasts a spacious and beautifully maintained 3-bedroom, 2-bathroom home, currently occupied by a tenant who appreciates the utmost in comfort. From the moment you step inside, you'll be captivated by the inviting atmosphere and generous living spaces. The well-appointed kitchen provides the perfect setting for culinary creations, while the adjoining dining area and living room offer ample room for relaxation and entertaining guests. The three bedrooms offer privacy and tranquility, and the 2 bathrooms ensure convenience for all residents. Ascending to the second floor, you'll discover a charming 1-bedroom, 1-bathroom residence that exudes warmth and character. The existing tenant enjoys a cozy living space, perfect for a young professional, a couple, or someone seeking a comfortable retreat by the shore. The well-designed floor plan maximizes every inch of space, providing a seamless flow from the living room to the bedroom and bathroom. Whether you're an astute investor seeking a steady rental income stream or a homeowner desiring the flexibility of a supplementary rental unit, this duplex presents an exceptional opportunity. The current tenants' presence offers immediate revenue, making this an attractive prospect for those looking to capitalize on the thriving Wildwood Crest real estate market. Beyond the individual units, the location of 106 E Denver St is truly unbeatable. Wildwood Crest offers a vibrant coastal lifestyle, with stunning beaches, vibrant boardwalks, and a myriad of recreational activities just moments away. Additionally, the convenience of local amenities, dining establishments, and shopping destinations further enhances the appeal of this sought-after area. Don't miss your chance to own this extraordinary duplex at 106 E Denver St. Schedule a showing today to explore the potential and envision the future this property holds. Embrace the opportunity to create a lucrative investment or find your own beachside oasis - the choice is yours. Act swiftly, as properties of this caliber are in high demand! Floor Unit Rents for $2500 Upstairs Rents for $1100
Location
State NJ
County Cape May County
Area Wildwood Crest
Rooms
Other Rooms Living Room, Dining Room, Kitchen, Laundry/Utility Room
Multi-Unit Info
Total Units 2
Interior
Hot Water Electric
Heating Electric
Cooling Central Air, Electric
Exterior
Exterior Feature Patio, Deck, Porch, Fenced Yard, Sidewalks
Building
Sewer Public
Water Public
New Construction No
Others
Acceptable Financing Conventional, Veterans ADM
Listing Terms Conventional, Veterans ADM
Financing Conventional,Veterans ADM
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Bought with eXp REALTY - WC