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Off market
  • $489,900

    331 E Magnolia Ave, Wildwood, NJ 08260

    --beds
    0baths
    1,754sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $489,900 Zestimate®
    $279/sqft
    $2,146 Estimated rent

    Owner options

    List your home for rent

    $2,146/mo

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    $2,146/mo

    Rent Zestimate®

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    $2,959/mo

    Est. payment

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    $2,959/mo

    Est. payment

    What's special

    Multi on Magnoila!! This Multi-Family Residence consists of 4 Total Units. A 1 Bedroom Unit and three 2 Bedroom Units make up this income producing property. Ideally located approximately 1 Block to the Beach & Boardwalk on Magnolia, these units offer convenient access to the islands World Renowned attractions. The island comes alive in the Summer Season and a multi-family property is a highly desirable investment due to the massive demand for housing amongst seasonal workers and international students alike. Currently there is No Heat so this building is best suited for Summer Rentals whether they be Weekly, Monthly or Seasonally. Based on the size & location, the income producing potential is clearly apparent. Addtitional, there is NEW Roof in the back of the property & 2 Outdoor Showers. Buyers side commission is 3% - $150.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 1,754 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 1,860 sqft
    Details
    • Parcel number: 140023700000001403

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Wildwood

    Other

    Other facts
    • Sale/Rent: For Sale
    • Status Category: Active
    • ALSO INCLUDED: Blinds, Furniture
    • WATER: City
    • Lot Size Range: 1 to 6000 SqFt
    • BASEMENT: Crawl Space
    • HOT WATER: Gas
    • LOCATION: Island
    • OUTSIDE FEATURES: Sidewalks, Outside Shower
    • SEWER: City
    • District - Township: 14-Wildwood City
    • SUITABLE FOR: Multi Family+Rooms
    • Type: Four-Plex
    • Status: UNDER CONTRACT CON/SHOW
    • BEACH PROXIMITY: 1 Block
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $489,900
    2% more+$9,798
    With Zillow Showcase(estimated)$499,698