Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch.roviding a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
LOCATION:
Island
Other (See Remarks)
INTERIOR FEATURES:
Security System
Smoke/Fire Alarm
Storage
SPECIALTY ROOMS:
Laundry Room
Utility Room
Shower Room(s)
AVAILABLE:
Entertaining Space
Fixtures
HEATING:
Hot Water
Electric
COOLING:
Ceiling Fan
Wall Air Conditioning
FINANCING AVAILABLE:
Conventional
SHOW INFORMATION:
Sign On Property
SHOWING INFORMATION:
Appointment Only
Let LONG & FOSTER REAL ESTATE, INC av be your buyer agent for this listing. Listing is provided by BERKSHIRE HATHAWAY HS FOX & ROACH sic and Cape May County MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.