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. Providing 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.
SUITABLE FOR:
Bed and Breakfast
Condo Conversion
Multi Family+Rooms
Rooming House
OTHER ROOMS:
Living Room
Dining Room
Kitchen
Den/TV Room
Dining Area
Laundry/Utility Room
Florida Room
HEATING:
Gas Natural
Electric
Radiator
Multi-Zoned
Electric
Electric
Electric
OUTSIDE FEATURES:
Patio
Deck
Enclosed/Cov. Patio
Porch
Fenced Yard
Outside Shower
PARKING/GARAGE:
Parking Pad
3 Car
Assigned Parking
Concrete Driveway
Shared Driveway
SHOW INFORMATION:
Appoinment Only
COOLING:
Ceiling Fan
Wall Air Conditioning
Gas
FINANCING AVAILABLE:
Conventional
Other Financing
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.