$510,000
$525,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
SOLD DATE : 04/07/2023
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222634
Sold Date 04/07/23
Bedrooms 6
Year Built 1931
Annual Tax Amount $6,494
Tax Year 2022
Lot Dimensions 50 x 90
Property Sub-Type Duplex
Property Description
BACK ON THE MARKET. BUYER's Financing Fell Through. Here is a great investment property in Wildwood. Either continue to use it as a true investment property with the two units being rented as it currently is or keep one of the units for your friends and family and rent the other one to offset your expenses. The duplex is conveniently located to all kinds of Wildwood places like Bill's corner deli, Fireman's Tavern and the Wawa. The first floor unit features three bedrooms and two baths with an upgraded kitchen and hardwood floors. The upstairs residence features 3 bedrooms, one full bath and a modern kitchen. The living area opens up to a huge covered deck. There is a nice rear yard and detached garage which is being shared by the tenants. The duplex features a brand new roof and solar panels (owned, not leased) to help with the return on investment. Gross Monthly gross rent is $3600. Renters pay utilities (separately zoned). Landlord pays water and sewer.
Location
State NJ
County Cape May County
Area Wildwood
Location Details Island
Rooms
Other Rooms Living Room, Kitchen
Interior
Hot Water Electric
Heating Electric, Baseboard
Cooling Wall Air Conditioning
Exterior
Exterior Feature Deck, Storage Building
Building
Lot Description Island
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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