You are going to love this property for sale!!! This is your opportunity to own the perfect 7-unit multi-family investment property near the beach with 7 deeded parking spaces, one for each unit! Maybe enjoy vacationing in one unit while generating an income from the other 6 units or just keep them all as income producing machines! So nicely decorated, a turn key operation and a must see! 5 units in the front and 2 units in the rear. The owner's use includes 4 year round tenants and 3 seasonal vacation rentals. Located in beautiful North Wildwood and so close to everything you need, the beach, the jetty, the sunrises and sunsets, some of the best restaurants and most fun bars, the Wawa, the Dairy Queen and the list goes on! 1 & 2 units share the same meter, 3, 4 & 5 units share the same meter, 6 has its own meter and 7 has its own meter. In addition to the $51,000. rental income in 2019, there is still more money to be made if renting off season because all 7 units have heat all throughout the year! Unit #1 2 Bed & 2 Bath Unit #2 Efficiency & 1 Bath Unit #3 1 Bed & 1 Bath Unit #4 Efficiency & 1 Bath Unit #5 1 Bed & 1 Bath Unit #6 2 Bed & 1 Bath Unit #7 2 Bed & 1 Bath This is an opportunity of a lifetime for this great price!
Off market
Zestimate®
$904,800
419 W Spruce Ave, North Wildwood, NJ 08260
--beds
0baths
3,058sqft
MultiFamily
Built in 1925
-- sqft lot
$904,800 Zestimate®
$296/sqft
$2,120 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central, Wall
Interior area
- Total interior livable area: 3,058 sqft
Property
Lot
- Size: 3,001 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
- HOT WATER: Electric
- OTHER ROOMS: Living Room, Kitchen, Eat In Kitchen
- SEWER: Public
- Lot Size Range: 1 to 6000 SqFt
- COOLING: Wall Air Conditioning
- LOCATION: Island, Inside Lot
- Type: Other
- ALSO INCLUDED: Partial Furniture
- WATER: Public
- SUITABLE FOR: Other (See Remarks)
- HEATING: Radiator
- PARKING: Assigned Parking
- District - Township: 07-North Wildwood City
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$904,800
2% more+$18,096
With Zillow Showcase(estimated)$922,896