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    104 E Montgomery

    Wildwood, NJ 08260
    • $399,900
    • STATUS: Active
    • ON SITE: 85 Days
    • MLS #: 212801
    UPDATED: 64 min ago
    $399,900
    • 0
      BEDS
    • 1 to 6000 SqFt
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Area:

    School Ratings & Info

    Description

    CASH COW With Over $47,000 Generated in Annual Gross Rental Income! Situated on the East Side of New Jersey Ave., This Four Unit Multi-Family Property Commands an Impressive Income Flow With Opportunity for More. The Front Building is a Duplex: Unit A (Bottom Floor 3BR/1.5Bath) and Unit B (Top Floor 2BR/1Bath). The Back East Side Cottage (Unit C) Consists of 2BR/1.5Baths. The Back West Side Cottage (Unit D) Consists of 1BR/1Bath. All Units are Fully Rented with Year Round Tenants that Pay Electric (Separately Metered for Each Unit). The Properties Have Been Updated Over the Years With New Electric Service, Vinyl Siding, Vinyl Replacement Windows, Roof and More. Rich in History, 104 E Montgomery Dates Back to 1900, and is Awaiting a New Owner's Legacy.

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    Listing information © 2021 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-24T12:49:33.663.
    www.theoceansiderealtyteam.com/homes/119903327
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    104 E Montgomery Wildwood, NJ 08260

    • Price: $399,900
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 212801
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1 to 6000 SqFt
    Acres
    Neighborhood:
    14-Wildwood City
    Area:
    Wildwood
    Property Description
    CASH COW With Over $47,000 Generated in Annual Gross Rental Income! Situated on the East Side of New Jersey Ave., This Four Unit Multi-Family Property Commands an Impressive Income Flow With Opportunity for More. The Front Building is a Duplex: Unit A (Bottom Floor 3BR/1.5Bath) and Unit B (Top Floor 2BR/1Bath). The Back East Side Cottage (Unit C) Consists of 2BR/1.5Baths. The Back West Side Cottage (Unit D) Consists of 1BR/1Bath. All Units are Fully Rented with Year Round Tenants that Pay Electric (Separately Metered for Each Unit). The Properties Have Been Updated Over the Years With New Electric Service, Vinyl Siding, Vinyl Replacement Windows, Roof and More. Rich in History, 104 E Montgomery Dates Back to 1900, and is Awaiting a New Owner's Legacy.
    Exterior Features

    Location Island Lot Size 40X100 Outside Features Enclosed/Cov. PatioPorchStorage BuildingOther (See Remarks) Parking 3 CarConcrete Driveway

    Interior Features

    Also Included BlindsShades Basement Crawl Space Cooling Wall Air Conditioning Heating Electric Hot Water Electric Other Rooms Living RoomKitchenDining AreaStorage Space Unit1 Baths 1 Unit1 Bedrooms 3 Unit1 Lavs 1 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Lavs 1 Unit3 Baths 1 Unit3 Bedrooms 2 Unit4 Baths 1 Unit4 Bedrooms 1

    Property Features

    Available Income Expense Info Bank Owned No Bay Proximity 4 Blocks Beach Proximity 3 Blocks Financing Conventional Multifamily Type Four-Plex New Construction No Possession Subt. To Tenancy Separate Meter Electric Sewer City Subject To Third Party Approval No Suitable For Condo Conversion Tax Year 2020 Taxes 5482 Unit1 Number A Unit1 Rent 1250 Unit2 Number C Unit2 Rent 950 Unit3 Number B Unit3 Rent 1050 Unit4 Number D Unit4 Rent 710 Water City

    © 2021 Cape May County Association of REALTORS® MLS. All Rights Reserved.
    Listing provided courtesy of Re/Max At The Shore.


    Listing information © 2021 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-24T12:49:33.663.
     
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    The Oceanside Realty Team | Keller Williams Jersey Shore
    5501 New Jersey Avenue
    Wildwood Crest NJ, 08260