Under Contract
209 E Spencer Ave
Wildwood NJ, 08260-4745
$1,189,999
Under Contract
Multi-family
Built in 1920
Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. Electric at property recently updated. New windows. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, tvs, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go! https://www.youtube.com/watch?v=v8BofnF9LCU
565108
MLSⓇ ID
July 14, 2022
Listed
May 9, 2024
Updated
Map
209 E Spencer Ave
Wildwood NJ, 08260-4745
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Multi-Zoned
Exterior/Building Features
Sewer
Public Sewer
Other Property Details
Area Name
Wildwood City
Taxes
$11,138
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Cape May
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
2/17/2024 | Pending | — |
1/18/2024 | Price Change | $1,189,999 -1% |
12/20/2023 | Price Change | $1,199,999 0% |
12/14/2023 | Price Change | $1,199,000 -5% |
12/12/2023 | Active | — |
11/17/2023 | Pending | — |
9/19/2023 | Price Change | $1,250,000 -8% |
Listed by CHRISTINE ECKER with LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Listing Contact:
The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 8:55 AM UTC