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102 W 24th Avenue, North Wildwood - UNDER CONTRACT

$879,000

MLS: 240189  |  Bedrooms: 6  |  Baths: 4  |  Type: Other
Lot:60 x 100  |  Taxes: $5,131  |  Area: North Wildwood

Great investment opportunity! $100,000 proven annual income with potential for $130,000. Large 60x100 townhome-buildable lot. This 4-unit property has earned up to $100,000 in income on Airbnb VRBO the last 5 years (financial records available to prospective buyers), renting only 3 units. The 4th is now ready to rent, and you can easily make $120,000-$130,000. Or live in one unit and enjoy your own little slice of shore paradise, rent the other 3, and still make a profit. Recent renovation includes new flooring and paint throughout, 2 new kitchens and 3 new bathrooms. Charming, beachy furniture and decorations are included, and all the units are proven, year-round moneymakers. Guests love the large, fenced yard and you will too! First floor front, Unit A, has two bedrooms, one bathroom, central heat and A C. First floor rear, Unit B, has one bedroom, one bathroom, central heat and A C, new porch. Second floor, Unit C, has two bedrooms and one bathroom. The rear detached cottage has one bedroom, one bathroom, central heat and A C. Newer roof and siding on the main house.

AMENITIES

  • Patio   
  • Deck   
  • Fenced Yard   
  • Outside Shower   
  • Heating:Gas Natural   
  • Heating:Forced Air   
  • Heater:Gas  
  • Cooling:Central Air  
  • Cooling:Ceiling Fan  
  • City  

PROPERTY LOCATION / MAP

Last Database Update: 02/23/2024 10:30:17
Let Ferguson Dechert be your buyer agent for this listing. Listing is provided by Coldwell Banker James C Otton Real Estate. 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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102 W 24th Avenue, North Wildwood
For Sale: $879,000
MLS: 240189

Bed:6 | Bath:4 LOT:60 x 100 | DOM:0
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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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609-967-4200
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