224 E 20TH STREET North Wildwood, NJ $ 1,650,000
224 E 20TH STREET
$ 1,650,000
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224 E 20TH STREET

North Wildwood, NJ, 08260
$ 1,650,000
Bedrooms13 Baths6.0 Sq 4,422

Monthly Estimate*

$ 9,358

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Single Family Home for sale in North Wildwood, NJ

for $1,650,000 with 13 bedrooms and 6 full baths. This 4,422 square foot home was built in 1925 on a lot size of 60.00 x 100.00.

AMAZING investment opportunity! Wonderful multi- unit with $130K in income currently booked for summer 2022 and more projected. 2021 had $147K of gross revenue. This completely turnkey triplex comes fully furnished and is centrally located just three short blocks to the beach and boardwalk and SLEEPS UP TO 35 PEOPLE!. The main unit has three floors of comfortable, spacious living space with 7 bedrooms and 3 baths and a wonderful wrap-around porch spanning two levels of this massive home, lined with rockers and perfect for those breezy summer nights. The second unit consists of 4 bedrooms and 2 full baths along with a back cottage unit that has 2 beds and 1 bath. Each unit has central air, designated own outdoor shower, off-street parking that can hold up to 6 cars, outdoor storage for each unit and outdoor grounds for each unit along with two grills for a big summer BBQ. The current owners have made updates to each unit in the kitchen and baths and everything right down to the sheets and vacuums are included in the sale - truly a turnkey property. With a history of repeat renters this home is easily rented all summer - add in the shoulder months for reunions or large groups vacationing together or winter rentals and increase your income even more! Or keep one unit for yourself and let the rest of the rental income pay for your beach home. The possibilities are endless! This is one of the largest multi-unit rental properties in North Wildwood situated on a wonderful residential street. You won't want to miss out on your chance to add this to your income portfolio. You'll be amazed at the size of this home. Schedule your tour today and see it for yourself.

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Single Family Active

Price

$ 1,650,000

Bedrooms

13

Full Bath

6

Property Type

Single Family

Taxes

$ 8,383

Tax Municipality

NORTH WILDWOOD CITY

Style

Flat

Lot Size

60.00 x 100.00

Year Built

1925

Town/City

North Wildwood

County/Region

Cape May

MLS | Web ID

NJCM2001020

Features
Interior
Appliances Washer/Dryer Hook Up
Cooling System Ceiling Fan(s) Central Air
Heating Source Natural Gas
Heating System Forced Air Hot Water Heater: Gas
Sewer Public Sewer
Water Source Public Water
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Exterior
Driveway Driveway
Parking On Street Parking
Siding Vinyl
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* Excluded Features
List By
Exp Realty, Llc

Broker

Affordability Calculator

$10,057
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
WILDWOOD CITY SCHOOLS School District
Pricing History
DatePricePrice ChangeDescription
6/3/2022$1,650,000 -8.28% Price Down
5/12/2022$1,799,000 Listed Price

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224 E 20TH STREET, North Wildwood, NJ, 08260 is a Single Family Home for sale at $1,650,000 with 4,422 sqft and a lot size of 60.00 x 100.00. 224 E 20TH STREET has 13 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 08260 which is in North Wildwood, NJ