Another incredible four bed two bath condo just blocks from the Wildwood Boardwalk and beaches!! This unit has been cashflow positive from day one for the current owners and they did the heavy lifting with the majority of the renovations! This and the sister unit four that recently sold, have been producing upwards of $50,000 of annual gross rental income. It is also perfect for a secondary shore home and or primary residence as it is a year round small association, of four units total. The homeowners association has an adequate budget in place for 2022 and beyond and is available as requested pending any offers submitted. The location is amazing with direct proximity and access the staples like Mack's Pizza, The heart of the famous Wildwood Boardwalk and of course Morey's Piers and those beautiful wide white sandy beaches! Within walking distance to the annual Barefoot country music festival and Wildwood convention center which is excellent for rental income potential in the off season and shoulder periods. This beach house has been upgraded and updated throughout and has beautiful subway tile in the kitchens, stainless steel appliances, granite countertops and of course updated bathrooms to support the remainder of the home. Don't let this one pass you by. This is one of the best value purchases on the market under $400,000 on the market currently!
Sold for $337,593 on 05/31/23
$337,593
124 E Spencer Ave #3, Wildwood, NJ 08260
4beds
1,269sqft
Townhouse
Built in ----
-- sqft lot
$447,700 Zestimate®
$266/sqft
$2,824 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 31, 2023 at 05:05pm
Listed by:
Martin Underwood,
LONG & FOSTER REAL ESTATE, INC av
Bought with:
Jamie Mancini, 1435922
LONG & FOSTER REAL ESTATE, INC nww
Source: CMCAOR,MLS#: 222462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Self Cleaning Oven, Microwave, Refrigerator, Electric Water Heater
Features
- Eat-in Kitchen, Pantry, Storage
- Flooring: Carpet
- Windows: Drapes, Curtains, Blinds
- Furnished: Yes
- Common walls with other units/homes: No One Above
Interior area
- Total interior livable area: 1,269 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Concrete
- Has uncovered spaces: Yes
Features
- Levels: Two
- Entry location: Top Floor
Lot
- Features: Island
Details
- Parcel number: 14001360000000220000C0003
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Condition
- New construction: No
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Fenced Yard
Location
- Region: Wildwood
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $387 monthly
Other
Other facts
- Listing terms: Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$447,700
2% more+$8,954
With Zillow Showcase(estimated)$456,654