238 E Leaming Avenue Wildwood, NJ 08260 in Wildwood, New Jersey

ATTENTION INVESTORS! Six unit multi-family property situated between Pacific and Atlantic Avenues on Leaming Avenue in Wildwood, just a few short blocks from Wildwood Crest, and only 1.5 blocks to the beach and famous boardwalk. This property has been extremely well maintained and has been operated by the same owner since xxxx, offering a strong repeat clientele. The front building consists of four 2 bedroom, 1 bath apartments. One is used by the owner, while the remaining three are rented. Each has 2 ... bedrooms, living room/kitchen area, and bath with shower, as well as a front porch area. The rear building offers two 2 bedroom, 1 bath apartments, each having a living area, kitchen, two bedrooms and a bath with shower. All apartments have A/C and ceiling fans. All units are rented weekly or longer term (monthly, seasonally, etc.) at an average of $800/week for peak season weeks. There is a yard area with tables and chairs, BBQ, lounge chairs, etc. There is also an outside shower. There are 2 hot water heaters (one for each building), 1 electric meter and 3 gas meters. Laundry on-site for owner use. Many recent improvements have been made to this property including a new roof about 4-5 years ago, newer siding and newer gutters, making this a low maintenance property. This is a turn key opportunity that will be sold furnished as shown, less personals. Possibilities are endless .... continue to operate as an apartment building ... suitable for condo conversion ... or get a group together to purchase your own shore compound!! Call L/A to show.
Bedrooms: 2
Full Bathrooms: 0
Half Bathrooms: 0
Lot Size: 0.13 acres
Type: Multi-Family Home
County: Cape May
Year Built: 0
Status: Active
Subdivision: --
Area: Wildwood
Utilities: City; City;
Taxes: xxxx.75
Status: Active
Acreage: 1 to xxxx SqFt
Garage/Parking: 3 Car, Concrete Driveway
Style: Apartment
Water/Sewer: Water: City; Sewer: City
Exterior Feature: Patio, Deck, Enclosed/Cov. Patio, Porch, Grill, Storage Building, Cable TV, Sidewalks, Outside Shower
Heating/Cooling: AC: Ceiling Fan, Wall Air Conditioning
Basement Features: Crawl Space
Interior Feature: Also Included: Curtains, Blinds, Rugs, Furniture