Attention Investors! This four-plex is fully rented, and has split meters for gas and electric, making it a hassle-free investment. Gross rents are currently $4,650 per month. Front House 1st floor is a 3 bedroom, 1 bath and 2nd floor is a 1 Bedroom, 1 bath. The rear building has 2 efficiency apartments, one downstairs and one upstairs. With four units available, this property provides the opportunity for a diversified rental income stream. Each unit also features its own private entrance, ensuring privacy for residents. This property also offers a great opportunity for future growth. With a strong rental market and potential for rent increases, this investment is positioned to provide solid returns over time. All units are in great shape making this a turnkey property. Whether you're an experienced investor or a first-time buyer looking to enter the real estate market, this property promises to be an excellent addition to your portfolio. Call for a private showing today!
Sold for $570,000 on 08/28/23
$570,000
316 W Montgomery Ave, Wildwood, NJ 08260
4beds
--sqft
Quadruplex
Built in 1930
-- sqft lot
$676,000 Zestimate®
$--/sqft
$2,392 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2023 at 06:25am
Listed by:
Anthony Chiolo 609-425-0653,
KELLER WILLIAMS REALTY JERSEY SHORE wc
Bought with:
Charlotte Erace, 2321019
KELLER WILLIAMS REALTY JERSEY SHORE - Margate
Source: CMCAOR,MLS#: 231686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Gas Water Heater
Property
Lot
- Size: 2,400 sqft
- Dimensions: 2400
- Features: Island
Details
- Parcel number: 1400092000000020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Separate Meter(s)
- Gas: Separate Meter(s)
- Sewer: City
- Water: City
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Wildwood
HOA & financial
Other financial information
- Total actual rent: 4650
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$676,000
2% more+$13,520
With Zillow Showcase(estimated)$689,520