124 E Rambler Road

$599,000

About This Property

This Multi unit complex has a great "financial performance". Your rentals help pay your mortgage as well as taxes. It has proven to be a Money Maker. Centrally located in a prominent area of Wildwood Crest close to church, bike path and play ground area, 2 blocks to the beach and 1 block to Sunset Lake. Living quarters consist of updated eat in kitchen, utility room with W/D and large pantry closet, LR, 2 bedrooms, 2 tiled baths.and pull down stairs to a spacious floored attic. Units 1&2 have kitchen, LR with DA, 2 bedrooms, tile baths and are rented year round. Unit 3 (second floor) has updated kitchen, LR with DA, 2 bedrooms, utility closet with stack W/D. Unit 5 is an efficiency with tile bath. Property has large fenced in rear yard, outside shower, front & rear porches for living quarters and 6 off street parking spaces. Living quarters, unit 1 and efficiency have gas baseboard heat. Units 2 and 3 have electric heat. Living quarters and unit 3 are rented for summer season. Efficiency and units 1 and 2 are rented year round.

Essential Information

MLS® #187105
Price$599,000
TypeMulti-Family
Sub-TypeOther
StatusACTIVE

Community Information

Address124 E Rambler Road
AreaWildwood Crest
CityWildwood Crest
StateNew Jersey

Amenities

ParkingParking Pad, Concrete Driveway

Interior

HeatingGas Natural, Electric

Cooling

Ceiling Fan, Wall Air Conditioning

Exterior

Exterior Features

Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Additional Information

Date ListedApril 6th, 2019
Days on Market50

Listing Details

OfficeHOFFMAN AGENCY

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Cape May, NJ
08204

Office: 609.884.3332

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