224 E 20th Street North Wildwood, New Jersey, 08260 United States
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224 E 20th Street
North Wildwood, New Jersey, 08260 United States

Soleil Sotheby's International Realty
Listing image
Listing image

Property details

  • Property type

    Multi-Family Homes

  • Status

    Available

  • Year Built

    1925

Courtesy Of

eXp Realty - Montclair

224 E 20th Street

Investment opportunity! Wonderful multi- unit with $130K in income currently booked for summer 2022 and more projected. 2021 had $147K gross revenue. This completely turnkey triplex comes fully furnished and is centrally located just three short blocks to the beach and boardwalk and SLEEPS UP TO 35 PEOPLE!. The main unit has three floors of comfortable, spacious living space with 7 bedrooms and 3 baths and a wonderful wrap-around porch spanning two levels of this massive home, lined with rockers and perfect for those breezy summer nights. The second unit consists of 4 bedrooms and 2 full baths along with a back cottage unit that has 2 beds and 1 bath. Each unit has central air, designated own outdoor shower, off-street parking that can hold up to 6 cars, outdoor storage for each unit and outdoor grounds for each unit along with two grills for a big summer BBQ. The current owners have made updates to each unit in the kitchen and baths and everything right down to the sheets and vacuums are included in the sale - truly a turnkey property. With a history of repeat renters this home is easily rented all summer - add in the shoulder months for reunions or large groups vacationing together or winter rentals and increase your income even more! Or keep one unit for yourself and let the rest of the rental income pay for your beach home. The possibilities are endless! This is one of the largest multi-unit rental properties in North Wildwood situated on a wonderful residential st

Listing Courtesy of eXp Realty - Montclair

Courtesy Of

eXp Realty - Montclair

Amenities & Features

  • Listing Details
    • Property ID
      562863
    • MLS#
      562863
    • Property type
      Multi-Family Homes
    • Courtesy Of
      Listing Courtesy of eXp Realty - Montclair
    • Status
      Available
    • Listing Price
      $1,600,000
    • County
      Cape May County
    • School District
      North Wildwood City
  • Utilities & Building
    • Year Built
      1925
    • cooling
      Ceiling Fan, Central Air Conditioning
    • Other
      Natural Gas Service Available, Public Sewer Service, Public Water Supply
  • Interior
    • Amenities
      Deck, Fenced Yard, Patio, Porch
  • Additional Features
    • Features
      Sidewalk
    • Construction
      Vinyl Siding