209 Spencer, Wildwood, NJ | MLS # 222226 For Sale

Property Details

Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. 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!

This listing is provided courtesy of LONG & FOSTER REAL ESTATE, INC - OC

MLS #: 222226
Status: Sold
Address: 209 Spencer Avenue, Wildwood, NJ 08260-4745
Date Listed: 7/14/2022
Days on Market: 896
Date Sold: 12/20/2024
Stipulations: No

Location

Interior Features

Cool System: Wall Air Conditioning
Heat System: Gas Natural
Hot Water: Gas

Additional Features

County: Cape May County
Property Type: Other
Water/Sewer: Public
Year Built: 1920
Lot Size: 40x100
Lot Number: 3
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information 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. All information deemed reliable, but not guaranteed. All properties are subject to change.

209 Spencer Avenue, Wildwood