124 E Spencer Avenue 3, Wildwood, NJ 08260 | MLS 222462 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
SOLD
$337,593  
Date 05/31/2023

124 E Spencer Avenue 3
Wildwood, NJ 08260

Townhouse
Residential
4
Beds
2
Baths
1,269
Sq. Ft.
N/A
Acre Lot
Courtesy: LONG & FOSTER REAL ESTATE, INC av
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!
222462
Townhouse, Other
4
Cape May
2 Full
Public
Public Sewer
1,269 Sq. Ft.
Bathrooms
2
Total:2
Detailed Room Information
Kitchen
Pantry, Refrigerator, Microwave
Interior Features
Appliances
Refrigerator, Microwave
Flooring
Carpet
Heating
Gas Heat. Forced Air.
Plumbing
Electric Water Heater
Security
Smoke Detector(s)
Additional Interior Features
Pantry
Exterior / Lot Features
Parking
Concrete.
Fence
Fenced
Community Features
Security Features
Smoke Detector(s)
Complex Features
Smoke Detector(s)
Financial Considerations
$4,353
Courtesy: LONG & FOSTER REAL ESTATE, INC av
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