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Off market
  • $1,186,500

    224 E 20th Ave, North Wildwood, NJ 08260

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $1,186,500 Zestimate®
    $--/sqft
    $2,310 Estimated rent

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    $2,310/mo

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    $2,310/mo

    Rent Zestimate®

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    $7,427/mo

    Est. payment

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    $7,427/mo

    Est. payment

    What's special

    This is one of the the largest homes in North Wildwood!! This triplex sleeps 32 between all 3 units. Whether youre looking for a very large home or a property with an income producing business, stop your search, this is it. This home currently is used as a triplex and has a total of 13 bedrooms and 7 baths between the main house and the cottage. The wrap around porch on both levels of the front house are both spacious and inviting with rocking chairs to relax and enjoy the cool ocean breezes. Currently the owners rent all 3 units to one group at a time for weekly rent of between $8,000-$8,250. It already has repeat renters for most of the 2019 summer. There are only 3 weeks not yet rented. This home produces $115,000 per year in income. The owner takes on winter tenants which only increases your income. Everything was totally new in 2005. New roof, windows, HVAC and central air, 3 water heaters, kitchens and baths. There are 3 separate electric meters and 1 gas meter. The driveway holds parking for at least 6 cars. The owners have lovingly maintained this home after each checkout and throughout the course of the year to know that everything is in perfect working order. When you tour this home, it will remain fully furnished as you see it to to remain a turnkey property. Easy to show, no tenants currently. Lockbox on premises.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Central

    Property

    Lot
    • Size: 6,098 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: North Wildwood

    Other

    Other facts
    • Sale/Rent: For Sale
    • Status: ACTIVE
    • Status Category: Active
    • ALSO INCLUDED: Blinds, Furniture
    • COOLING: Ceiling Fan, Central Air
    • FINANCING: Conventional
    • OTHER ROOMS: Living Room, Kitchen, Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Space, Den/TV Room, Breakfast Nook
    • OUTSIDE FEATURES: Patio, Deck, Cable TV, Sidewalks, Outside Shower, Porch, Fenced Yard
    • SEWER: Public
    • Lot Size Range: 1 to 6000 SqFt
    • Type: Triplex
    • HEATING: Gas Natural
    • HOT WATER: Gas
    • LOCATION: Island
    • PARKING: Concrete Driveway, Parking Pad
    • SUITABLE FOR: Condo Conversion, Rooming House, Multi Family+Rooms, Bed and Breakfast
    • AVAILABLE: Income Expense Info, Lease Information, Utility Information, Inventory
    • District - Township: 07-N. Wildwood City
    • BEACH PROXIMITY: 2 Blocks
    • WATER: Public
    • Tax Database ID: 1
    • Tax Property ID: 0700231000000009
    Sell with ease on Zillow
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    $1,186,500
    2% more+$23,730
    With Zillow Showcase(estimated)$1,210,230