217-221 E Burk Avenue, Wildwood NJ | Keller Williams Jersey Shore

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217-221 E Burk Avenue, Wildwood, NJ

For Sale: $2,395,000

Beds: 17 Baths: 9

Type: Single Family

Lot: DOM: 0 Days

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PROPERTY DESCRIPTION

Builders, investors, and operatorsâ€”donâ€™t miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwoodâ€™s most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.

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Request Property Information - 217-221 E Burk Avenue, Wildwood NJ

For Sale: $2,395,000 | MLS Number: 606440

Lot: Less than One Acre | DOM: 0 Days
Provided by: Keller Williams Jersey Shore - www.kwjerseyshorerentals.com

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Listing Courtesy of Prime Realty Partners.
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