Fabulous corner property boasts 100 x 103 lot. There are 2 buildings with a total of 9 apartments. The house in front is a Triplex, rear building has 6 apartments. There is (1) 3-Bedroom unit, (5) 2-Bedroom units, (3) 1-Bedroom units. Fully Rented with Leases, Rents are current, CAP rate of 6.2%. Current rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!
For sale
$1,250,000
4701 Arctic Ave, Wildwood, NJ 08260
16beds
5,521sqft
Est.:
Apartment
Built in 1940
-- sqft lot
$1,215,300 Zestimate®
$226/sqft
$-- HOA
What's special
Corner property
- 64 days |
- 142 |
- 5 |
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