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$1,725,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 262038
Annual Tax Amount $9,780
Tax Year 2026
Lot Dimensions 60x90
Property Sub-Type Commercial/Industrial
Property Description
This long term investment property is ready for the next wave of growth in the Wildwood area. Are you ready? Many positive factors are colliding over the next few years that will make The Wildwoods the next Jersey Shore hot spot. The 115 building offers four large one bedroom apartments on two floors. The 117 building is three stories with the three bedroom with a porch on the first floor. On the second floor is the large two bedroom with a front sunroom and a back deck. Up above is a large one bedroom. All of the apartments have been renovated with new kitchens and luxury vinyl flooring throughout. In the back part of 115 is a coin operated washer and dryer. These properties can be rented year-round and can have many uses for short term rentals, annual rents, J1 student rentals, employee housing, winter rentals. The income potential is huge. Figure out your highest and best use and make it happen.
Location
State NJ
County Cape May County
Area Wildwood
Zoning R1
Location Details Island
Rooms
Other Rooms Laundry Room
Interior
Interior Features 220 Volt Electricity
Hot Water Electric
Heating Radiator
Cooling Wall Air Conditioning
Flooring Linoleum/Vinyl
Exterior
Parking Features 1 To 5 Spaces, Off Street
Building
Lot Description Island
Story 3
Sewer City
Water City
Structure Type Other (See Remarks)
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Listed by SHORE POINTS REALTY
Nearby School & Business
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