Income Potential with Room to Grow! Welcome to this charming multifamily property that's not just a home—it's an income-producing machine with serious upside! With three units and a current gross income of around $65,000 per year, this property is perfect for both seasoned investors and those looking to dive into the rental market. Two units are already rented out to long-term tenants, and there's still tremendous potential for more income. Imagine converting the downstairs unit into two separate spaces or transitioning the two-car garage into something that boosts your bottom line—think rental space or storage! Opportunities like this don't come around often! Recent updates include a brand new water main connection, new water pipes, two new furnace units, a new AC in the downstairs unit, and a tankless water heater. Plus, the downstairs unit has had a facelift with new cabinets, vinyl flooring, fresh paint, and trim. Did we mention that two of the three units come fully furnished? This property is practically turn-key, making it easy for you to start generating income from day one. With off-street parking, a garage, and the chance to increase revenue streams, this is a rare find. Take advantage of historically low rents and align them with the market to maximize your investment. Whether you're looking for a smart investment or a great way to live and earn, this property offers the perfect combination of comfort and financial potential. Don't miss outthe upside is calling!
This is the one!! Three stories of pure investment property one block from the beach. This property features a dozen bedrooms capable of sleeping up to 40 students or converted into single rooms as you see the full potential of these units. The top two floors are completely furnished and ready to be rented. The first floor is a clean slate waiting for the right investor to create any space they see fit. Huge common areas for socializing and screened in decks on top floors for beautiful summer nights. This building has unlimited potential and can show a solid rental history netting over 80k per season. Sitting on a very large lot with a one block walk to the wildwood beaches this beauty is sure to move quickly as these large homes are becoming quite rare in the Wildwoods! Come see this investment special while its available.
Eastside Duplex Spanning two spacious units, each with its own separate entrance, this duplex provides flexibility for various living arrangements. Whether you're seeking a multi-family setup with separate living spaces for each household or prefer the option to utilize the entire property as a single-family home, this layout can easily accommodate your needs. The 1st floor unit has 3 bedrooms, 1 bath, living room, dining area, and kitchen with a covered front porch and access to the back yard. The 2nd upstairs unit offers spacious living room, dining room, kitchen, 2 bedrooms, 1 full bath, and a bonus living area with half bath on 2nd floor. Leases in place for 2024 season. Being sold fully furnished. New roof 2021, all new windows 2023, new electric 2022, and updated upstairs bathroom and kitchen. Please contact for rental income.
ð¡ Investor's Dream or Family Haven! ð¡ Welcome to this charming duplex nestled in the heart of Wildwood, NJ. With its prime location and excellent rental history, this property presents an incredible opportunity for investors or families seeking a beachside retreat. ðï¸ Two Units, One Exceptional Property: First Floor: Step into a beautifully appointed 2-bedroom unit featuring a pristine white kitchen, creating a bright and inviting space for residents or vacationers alike. Second Floor: Ascend to discover another delightful 2-bedroom unit boasting a cozy nook, perfect for relaxation or as a home office. ð° Lucrative Rental Potential: Proven Performance: Currently generating excellent income on all major rental platforms, this duplex offers a lucrative investment opportunity with a track record of success. Desirable Location: Situated in the vibrant Wildwood community, known for its sandy beaches, lively boardwalk, and bustling entertainment scene, this property attracts vacationers year-round.
Investor alert! This incredible income-producing property has so much to offer. Located on the corner of Park Blvd and Montgomery Ave in Wildwood, 4401-4403 Park Blvd boasts two commercial spaces, a warehouse, three rental units, a two-car garage, and off-street parking for 3+ vehicles. The largest of the two commercial spaces is currently occupied by a well-respected and long-standing local business. This professional office space with an attached warehouse has an ideal layout with an entryway off of Park Blvd, two separate office spaces, kitchenette, bathroom with steam shower, laundry, radiant heat, and air conditioning. The warehouse is accessible from inside this space and from the rear of the property. The second commercial space has a large open floor plan and a separate area in the back with a full bathroom, storage, and hookups for a full kitchen. This space has two entrances, one on Park and one on Montgomery, as well as heating and air conditioning. This space is a blank canvas with limitless potential! There are three rental units on the property with long-term tenants. Two of the rental units, one 2-bedroom and one 3-bedroom, are on the property's second floor. Both of these units are accessed through separate entrances at the rear of the property and each unit is equipped with a full kitchen, bathroom, and laundry. The third rental unit is located on the first floor, at the rear of the property, with a separate entrance on Montgomery Avenue. This unit is a 1-bedroom apartment with a full kitchen, bathroom, laundry, mini-split air conditioning, and radiant floor heat. Additionally, the two-car, two-door detached garage at the rear of the building is another rental unit opportunity on the property for additional income. This propertyâ??s location is in an exceptionally accessible area of the island, with quick access to the bridge and a walk score of 84 to all the local amenities. Take advantage of this rare opportunity to own an income-producing mixed-use property in an area that is continuing to develop and grow in value. With 4 of the 6 rental units on the property occupied, you could begin bringing in passive income right away. If youâ??re looking to build your portfolio, look no further!
Updated Price-Sellers are looking for serious offers for this turnkey airbnb that has been booked non-stop. Sellers are motivated. The summer season is winding down and showings can now be accommodated. This airbnb has been very popular and lucrative. Showings can be coordinated in between rentals. Up comings available times are : 8/27, 8/28, 9/4&5, 9/8, 9/9-9/13 between 12-3pm. Bring your buyers. Still time to get in before the season ends. Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living. Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away. The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
On the way to... whoa! Don't miss Wildwood! Come on, baby! Let's do the twist into this historic 3-story property, a piece of Wildwood's past, built in 1910 and formerly known as the Westmont Hotel. While this property has been used as a hotel for most of its existence, it has been lovingly transformed into a spacious family beach house, offering 10 bedrooms and 5 bathrooms for your comfort and enjoyment. While this property retains many of its original architectural details, the first floor has been updated with an open-concept layout. Here, the living, dining, and kitchen areas seamlessly flow into one another, creating a warm and inviting atmosphere for gatherings. Large windows allow natural light to fill the space, evoking the feeling of a cozy seaside retreat. The kitchen has been updated with modern appliances, providing all the conveniences needed for preparing and sharing meals with loved ones. The dining area offers a space to enjoy memorable family dinners or friendly card games long into the evening. Across the three stories of this property, you'll discover 10 spacious bedrooms, some of which may still carry the charm of their hotel past. While staying here, you'll have the opportunity to explore Wildwood's vibrant beach scene, just a short walk away, and create new memories. Whether you're seeking to turn this house back into a hotel or multi-family home or just looking to own a piece of Wildwood's history, this property offers endless potential. Don't miss the chance to be part of the legacy of the Westmont Hotel, now reborn as a cherished family beach home. So, turn on some Doo Wop and book your appointment today!
Motivated Seller . Perfect opportunity to make an income while enjoying the beach . 2 units plus an additional studio. Thriving Air B&B business ready for new owners . Must be seen to be appreciated. Multiple mini splits throughout all units will keep you nice and cool in the summer and toasty warm in the winter. New plumbing, flooring, furniture and new windows and remodeled bathrooms . Enjoy the large back yard or the serene front porch. Close to restaurants, parks and shopping. Repeat tenants ready to book for next season.
The median home value in Wildwood, NJ is $572,500. This is higher than the county median home value of $347,400. The national median home value is $219,700. The average price of homes sold in Wildwood, NJ is $572,500. Approximately 14.73% of Wildwood homes are owned, compared to 18.41% rented, while 66.86% are vacant. Wildwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wildwood real estate agent to arrange a tour today!
Wildwood, New Jersey has a population of 5,136. Wildwood is more family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Wildwood, New Jersey is $29,945. The median household income for the surrounding county is $62,332 compared to the national median of $57,652. The median age of people living in Wildwood is 45.6 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 27.9 degrees. The average rainfall is approximately 44.3 inches per year, with 14.9 inches of snow per year.