406 Magnolia, Wildwood, NJ | MLS # 243149 For Sale

Property Details

Hold the phone! This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!

This listing is provided courtesy of SEA ISLE REALTY

MLS #: 243149
Status: Active
Address: 406 Magnolia Avenue, Wildwood, NJ 8260
Date Listed: 10/22/2024
Days on Market: 123
Stipulations: No

Interior Features

Cool System: Wall Air Conditioning
Heat System: No Heating
Hot Water: Gas

Exterior Features

Exterior: Patio, Porch, Security Camera

Additional Features

County: Cape May County
Property Type: Other
Water/Sewer: City
Year Built: 1933
Lot Size: 2300
Lot Number: 25
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.

406 Magnolia Avenue, Wildwood