This 4 unit muti-family complex is a RENTAL POWER HOUSE! Property features a triplex within the main building and a private cottage located in the back. There are many options to utilize this income producing property. This is the perfect location for summer "weekly rentals", Airbnb or just continue renting on a monthly basis and rake in over $65 K in gross profits. The main 3 bedroom 2 bath unit has recently been freshly painted and brand new carpeting installed. This unit is currently vacant and ready to be occupied by a buyer or rented to a tenant of the buyer's choice. Why not "move right in" and have the 3 unit income stream pay your mortgage?! This neighborhood is anticipating a revitalization from the "Pacific Avenue Redevelopment Plan" so look forward to a boom in real estate appreciation. Brand new construction project is currently being built across the street. Located only 2 short blocks from Wildwood beaches and World Famous Boardwalk.
Sold for $615,000 on 04/22/24
$615,000
143 E Spencer Ave, Wildwood, NJ 08260
7beds
--sqft
Quadruplex
Built in ----
-- sqft lot
$690,100 Zestimate®
$--/sqft
$3,058 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 24, 2024 at 06:44am
Listed by:
Frank C Shoemaker,
BERGER REALTY
Bought with:
Non-Member Non-Member
Non Member
Source: CMCAOR,MLS#: 240464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Electric, Baseboard
Cooling
- Other
Appliances
- Included: Gas Water Heater
Property
Parking
- Parking features: Concrete
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 4,000 sqft
- Dimensions: 40 x 100
Details
- Additional structures: Storage
- Parcel number: 1400146000000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: Public
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Wildwood
HOA & financial
Other financial information
- Total actual rent: 5300
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$690,100
2% more+$13,802
With Zillow Showcase(estimated)$703,902