North Wildwood, NJ 08260-6001,115 Allen Drive #A & B
North Wildwood, NJ 08260-6001,115 Allen Drive #A & B
North Wildwood, NJ 08260-6001,115 Allen Drive #A & B
$630,000
Est. payment /mo
Est.Price: ?

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SOLD DATE : 03/03/2025

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 241632

Sold Date 03/03/25

Year Built 1966

Annual Tax Amount $5,040

Tax Year 2023

Lot Dimensions 44X90

Property Sub-Type Duplex

Property Description

Oh, those Wildwood Days! A rare, rare opportunity to have your cake and eat it too. This North Wildwood Legal Duplex, with two separate apartments, but one entity of ownership. An investment that will give you freedom to own, rent out Air B&B to your heart's delight. There is no HOA, the tax records show this as a four bedroom/two bath single family home. Apartment "B” on the second floor is just under 1200 sq.ft. and leased to a solid, reliable, and quiet tenant. This lease must stay in place! The bottom main Apartment” A” however is just over 1200 sq.ft and it can be yours to use for your own enjoyment or rent out and most enticingly Air B&B with no restrictions. This literally does not happen anymore, so it's time to seize the golden ring and cash in! The history of North Wildwood and especially originally incorporated as the borough of “Anglesea” in 1885. Wildwood is known for its white sandy beaches and world class Boardwalk. Well known for its celebrations throughout the summer. Irish Weekend, Mardi Gras, the Street Fair just to name a few. This home is located two blocks from the Anglesea Inlet Wall. It's just a short walk to the new bulkhead. The ramps have been created down to the water for some of the best saltwater fishing on the East Coast The owners have made many improvements through the years. Each apartment has generous sized bedrooms, plenty of closet space, and living room and eat-in kitchen. It's time to stay and play by the sea and own your piece in history. This rare and usually unattainable opportunity is going to be caught just as quickly you can cast your fishing line.

Location

State NJ

County Cape May County

Area North Wildwood/Anglesea

Location Details Corner

Interior

Hot Water Electric

Heating Electric, Baseboard

Cooling Ceiling Fan, Wall Air Conditioning

Building

Lot Description Corner

Sewer Public

Water Public

New Construction No

Others

Acceptable Financing Conventional, Federal Home ADM

Listing Terms Conventional, Federal Home ADM

Financing Conventional,Federal Home ADM

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Listed by SOLEIL SOTHEBY'S INTERNATIONAL REALTY
Bought with SOLEIL SOTHEBY'S INTERNATIONAL REALTY

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agent

Springer Realty Group

+1(484) 498-4000

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