209 E SPENCER AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Wildwood,NJ 08260
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,704 sqft
Price per Sqft $191
MLS Listing ID NJCM2002496
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $11,438
Tax Year 2022
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
Property Description
Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly teNewBuilding New price! This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!
Location
State NJ
County Cape May
Area Wildwood City (20514)
Zoning RESIDENTIAL
Interior
Hot Water Instant Hot Water
Heating Central
Cooling Window Unit(s)
Flooring Carpet,Ceramic Tile
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 14-00147-00003
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard