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124 E Spencer Avenue, Wildwood - ACTIVE

$350,000

MLS: 222462  |  Bedrooms: 4  |  Baths: 2  |  Type: Townhouse
Lot:  |  Taxes: $4,353  |  Area: Wildwood

Another incredible four bed two bath condo just blocks from the Wildwood Boardwalk and beaches!! This unit has been cashflow positive from day one for the current owners and they did the heavy lifting with the majority of the renovations! This and the sister unit four that recently sold, have been producing upwards of $50,000 of annual gross rental income. It is also perfect for a secondary shore home and or primary residence as it is a year round small association, of four units total. The homeowners association has an adequate budget in place for 2022 and beyond and is available as requested pending any offers submitted. The location is amazing with direct proximity and access the staples like Mack's Pizza, The heart of the famous Wildwood Boardwalk and of course Morey's Piers and those beautiful wide white sandy beaches! Within walking distance to the annual Barefoot country music festival and Wildwood convention center which is excellent for rental income potential in the off season and shoulder periods. This beach house has been upgraded and updated throughout and has beautiful subway tile in the kitchens, stainless steel appliances, granite countertops and of course updated bathrooms to support the remainder of the home. Don't let this one pass you by. This is one of the best value purchases on the market under $400,000 on the market currently!

AMENITIES

  • Dishwasher   
  • Dryer   
  • Microwave Oven   
  • Refrigerator   
  • Self-Clean Oven   
  • Smoke/Fire Detector   
  • Washer   
  • Eat In Kitchen   
  • Laundry/Utility Room   
  • Living Room   
  • Pantry   
  • Storage Space   
  • Heating:Forced Air   
  • Heating:Gas Natural   
  • Heater:Electric  
  • Cooling:Central Air  
  • City  

PROPERTY LOCATION / MAP

Last Database Update: 12/03/2022 05:45:18
Let Ferguson Dechert be your buyer agent for this listing. Listing is provided by LONG & FOSTER REAL ESTATE, INC av. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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124 E Spencer Avenue, Wildwood
For Sale: $350,000
MLS: 222462

Bed:4 | Bath:2 LOT: | DOM:120
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Ferguson Dechert Real Estate - Summer Vacation Rentals and Properties For Sale in Avalon and Stone Harbor
2789 Dune Drive
Avalon, NJ
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