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Off market
  • $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

    List your home for rent

    $2,120/mo

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    $2,120/mo

    Rent Zestimate®

    Refinance and save

    $5,444/mo

    Est. payment

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    $5,444/mo

    Est. payment

    What's special

    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!

    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