Amazing Opportunity just over 1 block to the World Famous Wildwood Beach and Boardwalk. This Beautiful Brick Building is not only perfect for the Investor ($65-70k income potential), but is ideal for 2 families looking to purchase together. This is also the perfect property for a condo conversion. This property could sell for $400k +/Unit with the Top Floor Fetching Over $475,000. The 1st Floor is a 3 Bedroom 2 Bath Flat with Spacious Front porch, Living room, dining room, kitchen and Laundry. The 2nd floor, 5 Bedroom Townhouse's first floor is similar to the First floor, but features exposed brick in the Living Room, Dining and Bedrooms as well as and additional 3rd Floor. The 3rd Floor is currently set up as 2 Bedrooms and Bath, but is also perfect for a 2nd Living Room and Bedroom. The Owner has recently redone decks and railings. He also upgraded the heating and cooling systems by installing 10 mini splits to provide gas powered heating and cooling. Please ignore old pics of wall air conditioning. There is a Gas Boiler that is only 3 years old as well as a large detached garage type shed in the rear of the home. Please note that the rental rates are based on similar 3 and 4/5 bedroom units and your rentals may vary. Current owner is renting Downstairs between 375-475 night and upstairs between $500-$700/night via Airbnb
Sold for $737,550 on 03/10/23
$737,550
312 E Glenwood Ave, Wildwood, NJ 08260
8beds
--sqft
Duplex
Built in ----
-- sqft lot
$830,900 Zestimate®
$--/sqft
$2,190 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 15, 2023 at 01:50pm
Listed by:
Brian Reed 609-848-4041,
LONG & FOSTER REAL ESTATE, INC av
Bought with:
Joan Morey, 0562135
LONG & FOSTER REAL ESTATE, INC nww
Source: CMCAOR,MLS#: 221990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Gas
Appliances
- Included: Electric Water Heater
- Laundry: Laundry Room
Features
- Storage
- Basement: Crawl Space
- Furnished: Yes
Property
Features
- Patio & porch: Patio, Deck, Enclosed/Cov. Patio
- Exterior features: Sidewalks, Outdoor Shower
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water View
Lot
- Size: 2,700 sqft
- Dimensions: 30 x 90
- Features: Island
Details
- Additional structures: Storage
- Parcel number: 1400219000000024
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: City
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & neighborhood
Location
- Region: Wildwood
HOA & financial
Other financial information
- Total actual rent: 70
Other
Other facts
- Listing terms: Conventional
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$830,900
2% more+$16,618
With Zillow Showcase(estimated)$847,518