Located in the Wildwood redevelopment zone with endless possibilities for investment and tax incentives as well. This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!
For sale
$1,099,000
406 E Magnolia Ave, Wildwood, NJ 08260
14beds
3,000sqft
Est.:
Multi Family
Built in 1933
-- sqft lot
$-- Zestimate®
$366/sqft
$-- HOA
What's special
Beach blockUpdated tileIndividual full kitchens
- 19 days
- on Zillow |
- 1,205 |
- 48 |
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