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238 E Leaming Avenue, Wildwood, NJ - UNDER CONTRACT
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For Sale: $1,097,777
Beds: 12     Baths: 6
Type: Other
    Lot: 40x100     DOM: 30 Days
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PROPERTY DESCRIPTION
Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few Blocks to Wildwood Crest. There are 2 Buildings that Make up this 6 Unit Complex. The Front Building is 4 Units with 2 on the Upper floor that enjoy Ocean Views and 2 on the First Floor. The apartments are bright and airy. Each feature 2 bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the 2 houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach and an outdoor shower. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condo Docs, Surveys and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. 2024 the property grossed $104,000 with very little effort or Marketing. The $25,000/unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another 10k/unit. Properly run, this property should see north of $200k/year.
PROPERTY FEATURES
  • Patio 
  • Deck 
  • Enclosed/Cov. Patio 
  • Porch 
  • Storage Building 
  • Cable TV 
  • Sidewalks 
  • Outside Shower 
  • Living Room 
  • Kitchen 
  • Dining Area 
  • Laundry/Utility Room 
  • Heating:Electric 
  • Heating:Baseboard 
  • 3 Car 
  • Concrete Driveway 
  • Heater:Gas 
  • Cooling:Wall Air Conditioning 
PROPERTY MAP VIEW
ADDITIONAL PROPERTY PICTURES
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Request Property Information - 238 E Leaming Avenue, Wildwood NJ

  For Sale: $1,097,777   |   MLS Number: 260215  
Lot: 1 to 6000 SqFt | DOM: 30 Days  
Provided by: Keller Williams Jersey Shore - www.kwjerseyshorerentals.com

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© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Keller Williams Jersey Shore are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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