205 E Poplar Ave, Wildwood, NJ 08260

TURN KEY MULTI-FAMILY READY FOR 2016! This beautifully maintained four-plex is situated between Pacific and Atlantic Avenues, just two short blocks from North Wildwood and a short distance to the famous beach and boardwalk. The location is close to many stores, restaurants and other attractions - it is in an ideal spot for an investment property. You will surely appreciate the care and attention this property has received over the last 14 years from its current owner. The first floor was used as their owner's quarters (Unit #1) and consists of a spacious living room and dining area, updated and modern kitchen under mount lighting, 42" cabinetry and recessed lighting, two nice size bedrooms with private baths (one with its own exterior entrance) and a utility closet with full size washer and dryer. Also on the first floor is a motel unit (Unit #2) in the rear that is often rented to repeat customers - this cute unit offers a sleeping area, microwave, refrigerator and full bath with tub. On the second floor are two additional rental units. The front unit (Unit #3) is a one bedroom, one bath with a living room and kitchen. The rear unit (Unit #4) is a two bedroom with living room and kitchen, a full bath and 2 half baths - one off the living room and one off of a bedroom. The entire property has gas hot water baseboard heat (3 zone) which can offer year round income. All units also have window A/C. There are two storage sheds, both with electric, for storage and maintenance needs. The enclosed outside shower is perfect for rinsing off after the beach, and there is a clothesline as well as a nice yard area. With 4 car off street parking, there is no need to worry about where to park and there is no need to drive with easy access to all of the great attractions that Wildwood has to offer. The potential income from the property is in the range of $25,000 - $35,000/yr. depending upon if units are rented weekly, seasonally or year round - there are many options! Easy to show and well worth your time to view, don't miss out on this excellent investment opportunity.