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    228 E Hand

    Wildwood, NJ 08260
    • $459,900
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 210901
    UPDATED: 100 min ago
    $459,900
    • 0
      BEDS
    • 1 to 6000 SqFt
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Area:

    School Ratings & Info

    Description

    Opportunity is Knocking....ANSWER THE $34,600 DOOR! This 5-unit moneymaker is ready for it's new owner - with built-in leases for the summer of 2021 in the FRONT building & and until 3/31/22 in the REAR building. The FRONT building (not heated) offers (2) 1st floor units each offering 1 Bedroom, 1 Bathroom, Living Room, Kitchen, & Porch while the (2) 2nd floor units each offer 2 Bedrooms, 1 Bathroom, Living Room, Kitchen, and Rear Deck. The units in the front building are ALL rented seasonally in 2021 from May through October ($22,000 total, inclusive of gas/electric only). Note, these current long-time seasonal tenants were friends that have become "family"....the future rental market is surely anticipated to command additional income if you so desire. The BACK building (heated) was recently remodeled with updated flooring, drywall, trim, some kitchen enhancements, and a newly tiled bathroom. This unit has a year-round lease in place starting 4/1/21 @ $1,050/m + utilities ($12,600 Total Income on Rear Unit). There are 2 gas meters on the property (front bldg./back bldg.) as well as 2 electric meters. Unit sold with all appliances & partially furnished (less tenants personal furnishings & belongings). Call today to set-up an appointment before it's too late!

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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 2021-04-16T23:49:39.937.
    www.theoceansiderealtyteam.com/homes/115092047
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    228 E Hand Wildwood, NJ 08260

    • Price: $459,900
    • Status: Active
    • Updated: 100 min ago
    • MLS #: 210901
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1 to 6000 SqFt
    Acres
    Neighborhood:
    14-Wildwood City
    Area:
    Wildwood
    Property Description
    Opportunity is Knocking....ANSWER THE $34,600 DOOR! This 5-unit moneymaker is ready for it's new owner - with built-in leases for the summer of 2021 in the FRONT building & and until 3/31/22 in the REAR building. The FRONT building (not heated) offers (2) 1st floor units each offering 1 Bedroom, 1 Bathroom, Living Room, Kitchen, & Porch while the (2) 2nd floor units each offer 2 Bedrooms, 1 Bathroom, Living Room, Kitchen, and Rear Deck. The units in the front building are ALL rented seasonally in 2021 from May through October ($22,000 total, inclusive of gas/electric only). Note, these current long-time seasonal tenants were friends that have become "family"....the future rental market is surely anticipated to command additional income if you so desire. The BACK building (heated) was recently remodeled with updated flooring, drywall, trim, some kitchen enhancements, and a newly tiled bathroom. This unit has a year-round lease in place starting 4/1/21 @ $1,050/m + utilities ($12,600 Total Income on Rear Unit). There are 2 gas meters on the property (front bldg./back bldg.) as well as 2 electric meters. Unit sold with all appliances & partially furnished (less tenants personal furnishings & belongings). Call today to set-up an appointment before it's too late!
    Exterior Features

    Location Inside Lot Lot Size 40X100 Outside Features PorchFenced YardStorage BuildingOutside Shower

    Interior Features

    Also Included Partial Furniture Basement Crawl Space Cooling Wall Air Conditioning Heating Gas NaturalBaseboardNo Heating Hot Water Gas Other Rooms Living RoomEat In KitchenLaundry/Utility Room Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Rooms 4 Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Rooms 4 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Rooms 5 Unit4 Baths 1 Unit4 Bedrooms 2 Unit4 Rooms 5 Unit5 Baths 1 Unit5 Bedrooms 3 Unit5 Rooms 6

    Property Features

    Available Lease InformationState Housing Certificate Bank Owned No Beach Proximity 2 Blocks Financing Conventional Multifamily Type Apartment Near BeachBoardwalk New Construction No Possession 21'Leases/Closing Separate Meter Gas Subject To Third Party Approval No Suitable For Condo Conversion Tax Year 2021 Taxes 9253.8 Unit1 Number A Unit2 Number B Unit3 Number C Unit4 Number D Unit5 Number Rear Water City Zoned Rm

    © 2021 Cape May County Association of REALTORS® MLS. All Rights Reserved.
    Listing provided courtesy of Atlantis Realty.


    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 2021-04-16T23:49:39.937.
     
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    The Oceanside Realty Team | Keller Williams Jersey Shore
    5501 New Jersey Avenue
    Wildwood Crest NJ, 08260