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Home Off Market
224 E 20th Street
North Wildwood, New Jersey 08260
Cape May CountyCommunity:
$1,600,000
13 br, 6.0 bath
4422 sq. ft.
0.000 acres
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
Interior:
- Bedrooms: 13
- Baths: 6.0
- Sq Ft: 4422
- Year Built: 1925
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Vinyl Siding
- Roof: Unknown
- Property Taxes: $8,383
- MLS #: 562863
Contact Information:
Ad Number: 2704041
Viewed 168 times.
Updated: Oct 21, 2022
This property is a Home located at 224 E 20th Street, North Wildwood, New Jersey 08260, and is currently Off Market at $1,600,000. This Home has 13 bedrooms, 6.0 baths, 4422 sq ft.