Ruth Graziosa - Coldwell Banker Hearthside
224 E 20th
North Wildwood, NJ 08260

Description

This is one of the largest homes in North Wildwood!! This triplex sleeps 32 between all 3 units. Whether youre looking for a very large home or a property with an income producing business, stop your search, this is it. This home currently is used as a triplex and has a total of 13 bedrooms and 7 baths between the main house and the cottage. The wrap around porch on both levels of the front house are both spacious and inviting with rocking chairs to relax and enjoy the cool ocean breezes. Currently the owners rent all 3 units to one group at a time for weekly rent of between $8,000-$8,250. It already has repeat renters for most of the 2019 summer. There are only 3 weeks not yet rented. This home produces $115,000 per year in income. The owner takes on winter tenants which only increases your income. Everything was totally new in 2005. New roof, windows, HVAC and central air, 3 water heaters, kitchens and baths. There are 3 separate electric meters and 1 gas meter. The driveway holds parking for at least 6 cars. The owners have lovingly maintained this home after each checkout and throughout the course of the year to know that everything is in perfect working order. When you tour this home, it will remain fully furnished as you see it to to remain a turnkey property. Easy to show, no tenants currently. Lockbox on premises.

Details

MLS#184264
Sub-TypeResale
StatusActive
Year1925
Days On Site47

Features

SQ Feet3,300
Units3
Building(s)1

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Area Information

StateNJ
CityNorth Wildwood
Zip Code08260
AreaNorth Wildwood
Listing VS Median (in 08260)
Price:
$949,000
low | high
Med:
$339,000
100% of Average
SqFt:
3,300
low | high
Med:
0
100% of Average
$ / SqFt:
$288
low | high
Med:
$0
100% of Average
On Site:
47
low | high
Med:
17
100% of Average
Listing Updated: 11/16/2018
MLS Number: 184264
Listing Provided By:
Donna Leyland  of  RE MAX at The Shore
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.