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North Wildwood NJ Real Estate

Wildwood NJ Real Estate

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North Wildwood NJ Real Estate


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  2704 Atlantic Avenue  Wildwood
    Location Map
  MLS# 203393    
  $799,900.00 Request Information
  Triplex
   Bedroom(s)   Email A Friend
   Full Bathroom(s)  
   Print Brochure





Remarks:
Presenting .... "The Ultra"! This is a very unique offering for an investor who truly understands the value of a one of a kind and beautifully maintained opportunity! Generating $80,000+/ season, with a total of 14 bedrooms and 5.5 bathrooms, and 10+ car parking, this property spans four stories. The main attraction of this stunner is an 8 bedroom, 3.5 bath residence which comprises the 2nd, 3rd and 4th levels, accommodating a total of 30 people. Included is a large foyer, living room area, kitchen with two ranges, three refrigerators, two microwaves and a dishwasher to easily accommodate the cooking and eating needs of large groups, and a spacious dining area. The rooms throughout are a nice size, and there is a woodturning fireplace on the main living area with a gas insert. You will surely appreciate the many architectural and period details such a gorgeous fireplace, moldings, incredible extra wide wood front door, wood trim, and so much more. All baths are full tile for easy care. This unit has gas hot water and window A/C units for summer comfort. The carpets were new in 2019. There is also a laundry room available. The owner currently rents this unit for $5,000/week in the summer. The first floor has two 3 bedroom, 1 bath apartments that rent each summer season for $16,000 each including utilities, and they are already rented for the 2021 season - a buyer would need to honor those rentals. The exterior of this property is vinyl sided, all trim is Azek, and it is super clean - you will be very impressed with the condition of this property. There is a workshop on premises, built in security cameras including night vision, decks galore for maximum outdoor living enjoyment, and a huge garage with loft for all of your storage needs. There are 3 electric meters and 1 gas meter. Enjoy TEN CAR PARKING (YES, 10 CARS!) and a huge yard which begs for a pool - what an amazing addition that would be to round off this incredible property, and elevate the enjoyment and potential rental income to the stratosphere! The possibilities are truly endless - you could rent all three units for maximum income - the seller generates over $80,000/year currently - or just rent the first floor units for $32,000/income each year to help cover the expenses, and enjoy the main home for your vacation home - great for multiple buyers to go in on together! Vacant and ready to be shown, call today!


PROPERTY FEATURES

  * LOCATION
      Island

  * OUTSIDE FEATURES
      Patio
      Deck
      Porch
      Storage Building
      Cable TV
      Sidewalks

  * PARKING
      1 Car
      2 Car
      3 Car
      Concrete Driveway

  * OTHER ROOMS
      Living Room
      Dining Room
      Kitchen
      Den/TV Room
      Recreation/Family
      Eat In Kitchen
      Storage Space

  * ALSO INCLUDED
      Curtains
      Furniture

  * BASEMENT
      Crawl Space

  * WATER
      City

  * SEWER
      City

  * COOLING
      Wall Air Conditioning


LISTING IS PROVIDED BY LEES REAL ESTATE AND CAPE MAY COUNTY MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.






    Lees Real Estate Agency
    5108 New Jersey Ave.
    Wildwood, NJ 08260




    Phone: 609-729-5108    
    Fax:      609-729-7111    


    Email:  Homes@LeesRealEstate.com    
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