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$1,490,000 $1,390,000
209 E Spencer Ave, Wildwood, NJ 08260
0 Beds
0 Baths
n/a SqFt

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Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. Electric at property recently updated. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, tvs, refigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go! https://www.youtube.com/watch?v=v8BofnF9LCU
  • Price:
  • $1,390,000
  • Year Built:
  • 1920
  • Listing ID #:
  • 565108
  • Street Address:
  • 209 E Spencer Ave
  • City:
  • Wildwood
  • State:
  • New Jersey
  • Postal Code:
  • 08260
  • County:
  • Cape May
  • Community:
  • Wildwood City
  • Listing Status:
  • Active
  • Listing Type:
  • Other
  • Number Of Units:
  • 19
  • Year Built:
  • 1920
  • For Sale Or Lease?:
  • For Sale
  • Property Taxes:
  • $11,138
  • Tax Year:
  • 2021
  • Existing Water:
  • Public
  • Heating:
  • Multi-Zoned
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Long And Foster Real Estate Inc-Ocean City
  • SJSRMLS

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$1,390,000
209 E Spencer Avenue, Wildwood, NJ 08260
-- SqFt
-- Beds | -- Baths
CAPEMAY Listing Provided By Long & Foster Real Estate