121 E Maple Avenue

$399,000

About This Property

If you are looking for an investment property with turn of the century charm and positive cash flow, then you need to take a closer look at this property. All of the mechanical systems have been recently replaced with modern HVAC, fire safety systems and all new plumbing. The wrap around deck has been replaced by modern composite decking. Every apartment has two exits for increased safety and the common areas and exits are all monitored by security cameras. All of the kitchens have been updated too. There is off street parking for up to eight cars. This large property also has an exterior storage unit, a laundry room and three outside showers to wash off the sand after a fun day at the beach. This building is currently generating $75,000 in rental income from May to September. Just imagine the potential with year round tenants.

Essential Information

MLS® #189150
Price$399,000
TypeMulti-Family
Sub-TypeOther
StatusACTIVE

Community Information

Address121 E Maple Avenue
AreaWildwood
CityWildwood
StateNew Jersey

Amenities

ParkingConcrete Driveway

Interior

Heating

Gas Natural, Forced Air, Multi-Zoned

Cooling

Central Air, Ceiling Fan, Multi Zoned

Exterior

Exterior FeaturesPatio, Porch

Additional Information

Date ListedAugust 20th, 2019
Days on Market84
Zoningr-3

Listing Details

OfficeeXp REALTY - CMCH

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1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

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