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DESCRIPTION
ATTENTION INVESTORS, DEVELOPERS & FIX-AND-FLIPPERS! RARE 4-UNIT CONDO CONVERSION OPPORTUNITY just two blocks from the Wildwood Beaches & Boardwalk! Tremendous investment with condo approval already in place and Master Deed completed! Renovate and resell individual condos, fix and flip, or hold as an income-producing investment. Featuring 4 units. UNIT BREAKDOWN & RENTAL INCOME Unit 1 (First Floor) 2BR 1BA $1,900 month (occupied) Unit 2 (Second Floor) 3BR 1BA $2,100 month (vacant, estimated rent) Unit 3 (Third Floor) 5BR 1BA $2,250 month (occupied) Unit 4 (Detached Cottage) 2BR 1BA $1,600 month (vacant, estimated rent). CURRENT RENTAL INCOME $4,150 MONTH PROJECTED RENTAL INCOME $7,850 MONTH or $94,200 ANNUALLY! One unit has already been updated. Seller reports separate gas, electric, and water meters for all units. An opportunity with multiple investment and resale strategies!
- Deck
- Waterview
- Living Room
- Kitchen
- Heating:Electric
- Heater:Electric
- Cooling:Other
- Public
PROPERTY LOCATION / MAP
Last Database Update://10/18/2026 01:45:42
Listing Courtesy of eXp REALTY.
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206 E Glenwood Avenue, Wildwood
For Sale:
$750,000 /MLS: 262856Bed:12 | Bath:4| Half Baths:4 | LOT:3,149 DOM:13
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