$750,000
$749,900
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5,000 SqFt
SOLD DATE : 05/31/2022
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $150
MLS Listing ID NJCM105036
Sold Date 05/31/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $9,931
Tax Year 2020
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 50 x 100
Property Description
Undeniably one of the best YEAR-ROUND cash flow opportunities on the market with this mixed use 6-unit complex! Ideal location just 3 blocks to the beach and boardwalk. Property consists of: (2) 1-bedroom units, (1) 2-bedroom unit, (1) 3-bedroom unit, (1) 2-bedroom 2 bath detached single family home and 1 large retail store at approx. 3000 s.f. All 5 rental units are currently occupied on a year-round basis. All units separately metered keeping expenses at a minimum. Ideal 1031 Exchange candidate. Furniture and carpet business name, goodwill and inventory excluded from the sale. Minimum 48 hours' notice for showings.
Location
State NJ
County Cape May
Area Wildwood City (20514)
Zoning GC
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Multi Units
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 1400117000000001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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