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Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $310
MLS Listing ID 241370
Sold Date 06/28/24
Bedrooms 7
Year Built 1953
Annual Tax Amount $5,294
Tax Year 2022
Lot Dimensions 5998
Property Description
CALLING ALL DEVELOPERS, BUILDERS, AND INVESTORS! Don't miss this exceptional purchase opportunity! Located just a short distance from the bay, this multi-family property is perfectly situated in Wildwood Crest, zoned R-2 on a 60 x 100 lot. A solid investment choice, the property is currently set up for 3 units and a large garage space. The main house has 3 bedrooms, 1 bath on the first floor and 2 bedroom 1 bath unit on the second floor. The rear unit above the garage has 2 bedrooms and 1 bath. The property has three separate electric meters. This property presents a unique chance to either continue operating as a rental property or to redevelop into a large single-family home or a duplex, capitalizing on its prime location and zoning flexibility.
Location
State NJ
County Cape May County
Area Wildwood Crest
Rooms
Other Rooms Living Room, Dining Room, Kitchen
Interior
Hot Water Gas
Heating Gas Natural, Electric
Cooling Ceiling Fan
Exterior
Exterior Feature Deck, Fenced Yard, Sidewalks
Building
Sewer Public
Water Public
New Construction No
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Bought with eXp REALTY - WC