NJ > North Wildwood
North Wildwood, NJ 08260,106 E 19 Avenue
North Wildwood, NJ 08260,106 E 19 Avenue
North Wildwood, NJ 08260,106 E 19 Avenue
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Found It Team

Found It Team

Found It Homes

+1(800) 790-7576
$799,900
Est. payment /mo
6 Beds
2 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 250651

Bedrooms 6

Year Built 1940

Annual Tax Amount $4,245

Tax Year 2024

Lot Dimensions 30x100

Property Sub-Type Duplex

Property Description

Nestled in the heart of North Wildwood, this income-producing top and bottom duplex is a fantastic investment opportunity just a short walk from the beach. Each unit offers 3 bedrooms and 1 bathroom, featuring newly updated kitchens, LVP flooring, and beautifully remodeled bathrooms with tiled floors and showers. Recent upgrades include new natural gas hot water baseboard heating throughout, new electric, and separate electric meters for added convenience. Enjoy the coastal breeze from the covered front porch or relax in the fenced backyard. The property also includes a garage for additional storage. With a strong rental history, this duplex generated $79,914 from VRBO bookings and $10,000 from a winter rental (January-May) in 2024, totaling $89,914 in rental income—with even greater potential, as the property was left vacant during June for renovations. Don't miss this prime opportunity to own a high-income rental in a sought-after beachside location! Most of the drive way belongs to the property so there is ample room for parking. See survey in associated docs

Location

State NJ

County Cape May County

Area North Wildwood

Location Details Island

Rooms

Other Rooms Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Interior

Hot Water Gas

Heating Gas Natural, Baseboard, Hot Water, Multi-Zoned

Cooling Ceiling Fan, Wall Air Conditioning

Exterior

Exterior Feature Patio, Deck, Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Building

Lot Description Island

Sewer City

Water City

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Listed by BLUE HOMES REAL ESTATE LLC
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