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406 E Magnolia Avenue

Wildwood, NJ 08260
  • $1,099,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 243149
UPDATED: 237 min ago
$1,099,000
  • 0
    BEDS
  • 1 to 6000 SqFt
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1933
Area:

School Ratings & Info

Description

Hold the phone! This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!

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Listing information © 2024 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 2024-12-02T23:49:32.37.
www.theoceansiderealtyteam.com/homes/157034723
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406 E Magnolia Avenue Wildwood, NJ 08260

  • Price: $1,099,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 237 min ago
  • MLS #: 243149
0
Beds
0
Baths
0
½ Baths
1 to 6000 SqFt
Acres
1933
Built
Neighborhood:
14-Wildwood City
Area:
Wildwood
Property Description
Hold the phone! This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!
Exterior Features

Location Beach Block Lot Size 2300 Outside Features PatioPorchSecurity Camera

Interior Features

Also Included Furniture Basement Crawl Space Cooling Wall Air Conditioning Heating No Heating Hot Water Gas Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Rooms 4 Unit2 Baths 2 Unit2 Bedrooms 4 Unit2 Rooms 6 Unit3 Baths 1 Unit3 Bedrooms 3 Unit3 Rooms 6 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Rooms 3 Unit5 Baths 1 Unit5 Bedrooms 4 Unit5 Rooms 6

Property Features

Available Income Expense InfoInventoryUtility Information Bank Owned No Bay Proximity 4 Blocks Beach Proximity 1 Block Financing Conventional Multifamily Type Other New Construction No Sewer City Subject To Third Party Approval No Suitable For Condo ConversionMulti Family+RoomsRooming House Tax Year 2024 Taxes 8300 Water City

© 2024 Cape May County Association of REALTORS® MLS. All Rights Reserved.
Listing provided courtesy of SEA ISLE REALTY: 609-263-5301.


Listing information © 2024 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 2024-12-02T23:49:32.37.
 
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The Oceanside Realty Team | Keller Williams Jersey Shore
5501 New Jersey Avenue
Wildwood Crest NJ, 08260