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Sold for $570,000 on 08/28/23
  • $570,000

    316 W Montgomery Ave, Wildwood, NJ 08260

    4beds
    --sqft
    Quadruplex
    Built in 1930
    -- sqft lot
    $679,200 Zestimate®
    $--/sqft
    $2,392 Estimated rent

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    $2,392/mo

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    $2,392/mo

    Rent Zestimate®

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    $3,430/mo

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    $3,430/mo

    Est. payment

    What's special

    Attention Investors! This four-plex is fully rented, and has split meters for gas and electric, making it a hassle-free investment. Gross rents are currently $4,650 per month. Front House 1st floor is a 3 bedroom, 1 bath and 2nd floor is a 1 Bedroom, 1 bath. The rear building has 2 efficiency apartments, one downstairs and one upstairs. With four units available, this property provides the opportunity for a diversified rental income stream. Each unit also features its own private entrance, ensuring privacy for residents. This property also offers a great opportunity for future growth. With a strong rental market and potential for rent increases, this investment is positioned to provide solid returns over time. All units are in great shape making this a turnkey property. Whether you're an experienced investor or a first-time buyer looking to enter the real estate market, this property promises to be an excellent addition to your portfolio. Call for a private showing today!

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2023 at 06:25am

    Listed by:

    Anthony Chiolo 609-425-0653,

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    Bought with:

    Charlotte Erace, 2321019

    KELLER WILLIAMS REALTY JERSEY SHORE - Margate

    Source: CMCAOR,MLS#: 231686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Gas Water Heater

    Property

    Lot
    • Size: 2,400 sqft
    • Dimensions: 2400
    • Features: Island
    Details
    • Parcel number: 1400092000000020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Separate Meter(s)
    • Gas: Separate Meter(s)
    • Sewer: City
    • Water: City
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Wildwood

    HOA & financial

    Other financial information
    • Total actual rent: 4650
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $679,200
    2% more+$13,584
    With Zillow Showcase(estimated)$692,784