Opportunity is Knocking....ANSWER THE $34,600 DOOR! This 5-unit moneymaker is ready for it's new owner - with built-in leases for the summer of 2021 in the FRONT building & and until 3/31/22 in the REAR building. The FRONT building (not heated) offers (2) 1st floor units each offering 1 Bedroom, 1 Bathroom, Living Room, Kitchen, & Porch while the (2) 2nd floor units each offer 2 Bedrooms, 1 Bathroom, Living Room, Kitchen, and Rear Deck. The units in the front building are ALL rented seasonally in 2021 from May through October ($22,000 total, inclusive of gas/electric only). Note, these current long-time seasonal tenants were friends that have become "family"....the future rental market is surely anticipated to command additional income if you so desire. The BACK building (heated) was recently remodeled with updated flooring, drywall, trim, some kitchen enhancements, and a newly tiled bathroom. This unit has a year-round lease in place starting 4/1/21 @ $1,050/m + utilities ($12,600 Total Income on Rear Unit). There are 2 gas meters on the property (front bldg./back bldg.) as well as 2 electric meters. Unit sold with all appliances & partially furnished (less tenants personal furnishings & belongings). Call today to set-up an appointment before it's too late!
Multi-Family
- Price
- $ 459,900
- Lot Size
- Bedrooms
- 9
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- City, Zip
- Wildwood
- Taxes
- 9253
- County
- CAPE MAY
- Style
- Apartment
- Area
- Wildwood
- MLS#
- 210901
- Zip
- 08260
Features
General
Interior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$2,869
Per MonthBased on the average sale price from the Moorestown, NJ office
- Monthly Principal & interest $1,740
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Schools
Price History
Property vs Zip Code Average in 08260
Map
In The Neighborhood
In The Neighborhood
228 E Hand Avenue Wildwood, NJ is a Single Family Home for sale at $459900 and a lot size of Acre(s). 228 E Hand Avenue Wildwood has 9 bedrooms, 5 baths . The property's zip code is 08260 which is in Wildwood, NJ
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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