MLS: 250651   Price:  $799,900 
 
North Wildwood, New Jersey 


Nestled in the heart of North Wildwood, this income-producing top and bottom duplex is a fantastic investment opportunity just a short walk from the beach. Each unit offers 3 bedrooms and 1 bathroom, featuring newly updated kitchens, LVP flooring, and beautifully remodeled bathrooms with tiled floors and showers. Recent upgrades include new natural gas hot water baseboard heating throughout, new electric, and separate electric meters for added convenience. Enjoy the coastal breeze from the covered front porch or relax in the fenced backyard. The property also includes a garage for additional storage. With a strong rental history, this duplex generated $79,914 from VRBO bookings and $10,000 from a winter rental (January-May) in 2024, totaling $89,914 in rental income—with even greater potential, as the property was left vacant during June for renovations. Don't miss this prime opportunity to own a high-income rental in a sought-after beachside location! Most of the drive way belongs to the property so there is ample room for parking. See survey in associated docs

 

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PROPERTY SPECIFICATIONS                                                                        
 Type: Duplex
 Lot Size: 30x100
 Units: 2

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PROPERTY FEATURES

  * LOCATION
      Island

  * OUTSIDE FEATURES
      Patio
      Deck
      Porch
      Fenced Yard
      Storage Building
      Sidewalks
      Outside Shower

  * PARKING
      Garage
      2 Car
      Concrete Driveway

  * OTHER ROOMS
      Living Room
      Dining Room
      Kitchen
      Eat In Kitchen
      Dining Area
      Laundry/Utility Room
      Storage Space

  * HEATING
      Gas Natural
      Baseboard
      Hot Water
      Multi-Zoned

  * ALSO INCLUDED
      Curtains
      Shades
      Furniture

  * BASEMENT
      Crawl Space

  * WATER
      City

  * SEWER
      City

  * COOLING
      Ceiling Fan
      Wall Air Conditioning

  * HOT WATER
      Gas

  * FINANCING
      Conventional


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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified.




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