East Side Tri-plex money maker! A solid investment with a very strong rental history, most years exceeding 35k. Property consists of three units with the main house (unit C) recently remodeled with new windows, kitchen cabinets, granite counter tops, outside deck, stainless steel appliances, floors and paint. This 3 story unit features 5 bedrooms, 2 full baths (with plumbing for a 3rd,) natural brick exterior, sliding doors to an outside deck, and a full basement with washer and dryer. This unit is currently owner occupied but has a rental potential of 3k per week in the summer or per month as a year-round rental. Units A and B are 1 bedroom, 1-bathroom apartments with kitchens that rent for 800 and 900. Both have long term solid tenants.
Sold for $635,000 on 04/03/23
$635,000
103 E Magnolia Ave, Wildwood, NJ 08260
7beds
--sqft
Triplex
Built in ----
-- sqft lot
$881,500 Zestimate®
$--/sqft
$2,167 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 03, 2023 at 12:19pm
Listed by:
Christopher Pohle 609-231-0303,
COASTAL ELITE REALTY
Bought with:
Michele Lopez
KELLER WILLIAMS REALTY JERSEY SHORE wc
Source: CMCAOR,MLS#: 230061
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air, Zoned
Cooling
- Central Air, Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Laundry Room
Features
- Eat-in Kitchen, Pantry, Storage
- Basement: Full
Property
Parking
- Parking features: Parking Pad, Concrete
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Sidewalks
- Fencing: Fenced
Lot
- Size: 4,860 sqft
- Dimensions: 54 x 90
- Features: Cleared, Corner Lot, Island
Details
- Parcel number: 1400235000000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Gas: Separate Meter(s)
- Sewer: City
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Wildwood
HOA & financial
Other financial information
- Total actual rent: 1700
Other
Other facts
- Listing terms: Conventional
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$881,500
2% more+$17,630
With Zillow Showcase(estimated)$899,130