Great opportunity to own 5 rental units in North Wildwood! All units are rented and with good paying tenants! Gross rents are just over $50k per year. The building is three floors and consists of ONE 3-bedroom unit, ONE 1-bedroom unit and THREE 2-bedroom units (all units are 1 full bathroom). The building has a nice layout! The three front units have private decks / patio area and there is also a spacious backyard. Unit 5 has a lease until October, the other units are on a month-to-month agreement. Continue renting all the units or keep a unit or two for yourself and family and rent the others, plenty of possibilities!
Sold for $475,000 on 12/16/22
$475,000
111 W 16th Ave, North Wildwood, NJ 08260
10beds
--sqft
Apartment
Built in ----
-- sqft lot
$818,100 Zestimate®
$--/sqft
$2,339 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 16, 2022 at 02:05pm
Listed by:
Michael H. Mitchell 609-217-9291,
RE/MAX At The Shore,
Henry "Harry" Mitchell 609-827-4473,
RE/MAX At The Shore
Bought with:
Joseph Vallese, 9806653
CHRIS HENDERSON REALTY
Source: CMCAOR,MLS#: 222182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Property
Features
- Patio & porch: Deck, Enclosed/Cov. Patio
- Fencing: Fenced
Lot
- Size: 3,000 sqft
- Dimensions: 30 x 100
- Features: Island
Details
- Parcel number: 0700174000000018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: City
- Water: City
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: North Wildwood
HOA & financial
Other financial information
- Total actual rent: 50300
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$818,100
2% more+$16,362
With Zillow Showcase(estimated)$834,462