If you are looking for an investment property with turn of the century charm and positive cash flow, then you need to take a closer look at this property. All of the mechanical systems have been recently replaced with modern HVAC, fire safety systems and all new plumbing. The wrap around deck has been replaced by modern composite decking. Every apartment has two exits for increased safety and the common areas and exits are all monitored by security cameras. All of the kitchens have been updated too. There is off street parking for up to eight cars. This large property also has an exterior storage unit, a laundry room and three outside showers to wash off the sand after a fun day at the beach. This building has generated $75,000 in rental income from May to September. Just imagine the potential with year round tenants.
Off market
Zestimate®
$774,600
121 E Maple Ave, Wildwood, NJ 08260
--beds
0baths
--sqft
MultiFamily
Built in 1900
-- sqft lot
$774,600 Zestimate®
$--/sqft
$3,407 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Property
Lot
- Size: 5,401 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1900
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Wildwood
Other
Other facts
- Sale/Rent: For Sale
- Status: ACTIVE
- Status Category: Active
- COOLING: Ceiling Fan, Central Air, Multi Zoned
- FINANCING: Conventional
- OUTSIDE FEATURES: Patio, Porch
- SEPARATE METER: Electric, Gas
- WATER: City
- Lot Size Range: 1 to 6000 SqFt
- HEATING: Gas Natural, Forced Air, Multi-Zoned
- HOT WATER: Gas
- LOCATION: Island
- PARKING: Concrete Driveway
- SEWER: City
- Type: Other
- SUITABLE FOR: Rooming House
- District - Township: 14-Wildwood City
- BEACH PROXIMITY: 2 Blocks
- ALSO INCLUDED: Other (See Remarks)
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$774,600
2% more+$15,492
With Zillow Showcase(estimated)$790,092