Pending

Under Contract

115 A+B N Allen

North Wildwood NJ, 08260-6001

$660,000


Pending

Under Contract

Multi-family

Built in 1966

Oh, those Wildwood Days! A rare, rare opportunity to have your cake and eat it too. This North Wildwood Legal Duplex, with two separate apartments, but one entity of ownership. An investment that will give you freedom to own, rent out Air B&B to your heart's delight. There is no HOA, the tax records show this as a four bedroom/two bath single family home. Apartment "B" on the second floor is just under 1200 sq.ft and leased to a solid, reliable, and quiet tenant. This lease must stay in place! The bottom main Apartment" A" however is just over 1200 sq.ft and it can be yours to use for your own enjoyment or rent out and most enticingly Air B&B with no restrictions. This literally does not happen anymore, so it's time to seize the golden ring and cash in! The history of North Wildwood and especially originally incorporated as the borough of "Anglesea" in 1885. Wildwood is known for its white sandy beaches and world class Boardwalk. Well known for its celebrations throughout the summer. Irish Weekend, Mardi Gras, the Street Fair just to name a few. This home is located two blocks from the Anglesea Inlet Wall. It's just a short walk to the new bulkhead. The ramps have been created down to the water for some of the best saltwater fishing on the East Coast The owners have made many improvements through the years. Each apartment has generous sized bedrooms, plenty of closet space, and living room and eat-in kitchen. It's time to stay and play by the sea, and own your piece in history. This rare and usually unattainable opportunity is going to be caught just as quickly you can cast your fishing line.

585861

MLS ID

June 4, 2024

Listed

December 20, 2024

Updated

Map

115 A+B N Allen
North Wildwood NJ, 08260-6001

Interior Features

Interior Features

Breakfast Nook, Den/TV Room


Appliances

Dryer, Microwave, Refrigerator, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall Units, Window Units


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Area Name

North Wildwood


Taxes

$5,040


Tax Frequency

Annually


Garage

No


Parking

Three or More Cars


View

No


County

Cape May


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/15/2024

Pending

9/27/2024

Price change

$660,000

-6%

8/29/2024

Price change

$699,000

-5%

Listed by Melissa Marshall with Soleil Sotheby's International Realty - A
Listing Contact:  

The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 12/20/2024. 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.

©2024 South Jersey Shore Regional MLS all rights reserved.

Data last updated on 12/20/2024 at 5:11 PM UTC

 

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