Great investment opportunity! $100,000 proven annual income with potential for $130,000. Large 60x100 townhome-buildable lot. This 4-unit property has earned up to $100,000 in income on Airbnb/VRBO the last 5 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent, and you can easily make $120,000-$130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included, and all the units are proven, year-round moneymakers. Guests love the large, fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A/C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A/C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A/C. Newer roof and siding on the main house.
Sold for $840,000 on 03/01/24
$840,000
102 W 24th Ave, North Wildwood, NJ 08260
6beds
5,998sqft
Multi Family
Built in ----
-- sqft lot
$970,300 Zestimate®
$140/sqft
$2,342 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 01, 2024 at 09:24am
Listed by:
Christopher Collett,
Coldwell Banker James C Otton Real Estate
Bought with:
Francis Jannotta, 0338121
COASTAL ELITE REALTY
Source: CMCAOR,MLS#: 240189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Water Heater
Features
- Basement: Crawl Space
- Furnished: Yes
Interior area
- Total structure area: 5,998
- Total interior livable area: 5,998 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 Car
Features
- Patio & porch: Patio, Deck
- Exterior features: Outdoor Shower
- Fencing: Fenced
Lot
- Size: 6,000 sqft
- Dimensions: 60 x 100
- Features: Interior Lot
Details
- Parcel number: 0700165000000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: City
- Water: City
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: North Wildwood
HOA & financial
Other financial information
- Total actual rent: 0
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$970,300
2% more+$19,406
With Zillow Showcase(estimated)$989,706