431 E 19th Ave #52, North Wildwood, NJ 08260

BEACH BLOCK CONDO WITH POOL IN NORTH WILDWOOD! Don't miss your chance to affordably own a condo at the desirable Malibu Condominiums! According to the Seller, this unit has a history of generating net rental income in the range of $7,200, after management and condo fees are deducted. It is a highly desirable unit due to its location - situated so close to the beach and boards, and near great restaurants and fun activities - you'll love the location! The condo offers a spacious living room, dining area and galley style kitchen with range and microwave and full size refrigerator, a nice size bedroom with two double beds and a full bath with tub. There is A/C for summer comfort and this wall unit also has a heat setting to take the chill off those cooler shoulder season nights - the unit is only 3 years old. With the sleeper sofa in the living room, the condo can easily accommodates six people. It is in a great central location within the complex with a direct pool view. On-site amenities include a pool, BBQ area, sundeck, game room, wifi, one car parking and laundry facilities. The condo association offers on-site management and great rental program with maid service for tenants. The management fee is 24% of the income - very reasonable. The building is seasonal and is open from April until October, weather permitting. The condo fee is $258/month and is paid quarterly and covers the cost of the common area insurances for flood, fire and liability, water and sewer. The unit is being sold furnished, less personals.