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    107 E Magnolia

    Wildwood, NJ 08260
    • $439,777
    • STATUS: Pending
    • ON SITE: 10 days
    • MLS #: 212100
    Pending
    UPDATED: 49 min ago
    $439,777
    • 0
      BEDS
    • 1 to 6000 SqFt
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Area:

    School Ratings & Info

    Description

    Owner Is Ready to Retire. This is your opportunity to pick up one of the last Reasonable Deals in the Wildwoods. 5 Units with parking for 6 Cars, Storage, Laundry and a Beautiful location just a few blocks from the Beach on one of the many Tree named streets just a few blocks to North Wildwood. While This home was originally built in the Early 1900s, the owner has done an amazing job of updating this property. As you will see from the pictures, the bathrooms have newer tile and vanities, the kitchens are all modern and the exterior is maintenance free vinyl siding. You will tell there is a distinct pride of ownership. While there was previously heat in some units, there is currently not any units heated for year round usage as the owner winterizes every year. Cash Sale Preferred or Local lender. Units 1-4 are all rented weekly for the season and unit 5 is shared (Owners qtrs with 8 additional rooming house style bedrooms on the 2 floors above)Breakdown of units are as follow. Apt 1 3 Bedrooms, Kitchen, Bath $500/week Apt 2 2 Bedrooms, Kitchen, Bath $340/week Apt 3 2 Bedrooms Kitchen, Bath $420/week Apt 4 2 Bedrooms, Kitchen, Bath $500/week Apartment 5 Owners Qtrs Apt 5 rooms 1-8 Bring $1600/week Total Weekly Rent is $3360. The Apartments could easily charge double during prime weeks Showings Will be Friday and Saturday 11-1 06/11 and 06/12 No Sunday Showings. Monday-Thursday can also be arranged

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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 2021-06-21T13:49:36.497.
    www.theoceansiderealtyteam.com/homes/118092874
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    107 E Magnolia Wildwood, NJ 08260

    • Price: $439,777
    • Status: Pending
    • Updated: 49 min ago
    • MLS #: 212100
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1 to 6000 SqFt
    Acres
    Neighborhood:
    14-Wildwood City
    Area:
    Wildwood
    Property Description
    Owner Is Ready to Retire. This is your opportunity to pick up one of the last Reasonable Deals in the Wildwoods. 5 Units with parking for 6 Cars, Storage, Laundry and a Beautiful location just a few blocks from the Beach on one of the many Tree named streets just a few blocks to North Wildwood. While This home was originally built in the Early 1900s, the owner has done an amazing job of updating this property. As you will see from the pictures, the bathrooms have newer tile and vanities, the kitchens are all modern and the exterior is maintenance free vinyl siding. You will tell there is a distinct pride of ownership. While there was previously heat in some units, there is currently not any units heated for year round usage as the owner winterizes every year. Cash Sale Preferred or Local lender. Units 1-4 are all rented weekly for the season and unit 5 is shared (Owners qtrs with 8 additional rooming house style bedrooms on the 2 floors above)Breakdown of units are as follow. Apt 1 3 Bedrooms, Kitchen, Bath $500/week Apt 2 2 Bedrooms, Kitchen, Bath $340/week Apt 3 2 Bedrooms Kitchen, Bath $420/week Apt 4 2 Bedrooms, Kitchen, Bath $500/week Apartment 5 Owners Qtrs Apt 5 rooms 1-8 Bring $1600/week Total Weekly Rent is $3360. The Apartments could easily charge double during prime weeks Showings Will be Friday and Saturday 11-1 06/11 and 06/12 No Sunday Showings. Monday-Thursday can also be arranged
    Exterior Features

    Location Island Lot Size 60X90 Outside Features PatioEnclosed/Cov. PatioPorchStorage BuildingCable TvSidewalks Parking Assigned ParkingShared Driveway

    Interior Features

    Also Included Partial Furniture Cooling Wall Air Conditioning Heating Gas Natural Other Rooms Living RoomDining RoomKitchenDining AreaLaundry/Utility RoomStorage Space Unit1 Baths 1 Unit1 Bedrooms 3 Unit1 Rooms 5 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Rooms 4 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Rooms 4 Unit4 Baths 1 Unit4 Bedrooms 2 Unit4 Rooms 4 Unit5 Baths 3 Unit5 Bedrooms 8 Unit5 Rooms 14

    Property Features

    Bank Owned No Bay Proximity 4 Blocks Beach Proximity 3 Blocks Financing ConventionalNo Financing Multifamily Type Apartment Near Beach/BoardsMoreys Pier New Construction No Possession Settlement Sewer City Subject To Third Party Approval No Suitable For Bed And BreakfastMulti Family+RoomsOther (See Remarks)Rooming House Taxes 7970 Unit1 Number 1 Unit2 Number 2 Unit3 Number 3 Unit4 Number 4 Unit5 Number 5 Water City

    © 2021 Cape May County Association of REALTORS® MLS. All Rights Reserved.
    Listing provided courtesy of Long & Foster Real Estate, INC Av.


    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 2021-06-21T13:49:36.497.
     
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    The Oceanside Realty Team | Keller Williams Jersey Shore
    5501 New Jersey Avenue
    Wildwood Crest NJ, 08260