228 E Garfield Avenue

$1,590,000, 9,276 Sqft

About This Property

Owner Financing available to qualified Buyers. WILDWOOD EASTSIDE 10 UNIT YEAR ROUND HEATED APARTMENT BUILDING - Properties this size are Very Rare. Not only do you never see them show up on the Market for Sale, they just don't exist. You have a better chance of seeing BIGFOOT on the Beach than you do seeing Another One these Hit the Market. Most units are Occupied, the ones that are not are being Freshened up for New Tenants. If you are a Multi - Family Buyer and you have been looking, you know that there is No Inventory, Nothing for Sale. Don't miss the Opportunity to have 10 income producing units in one Building. Think of the Real Estate Tax Saving by having all your investments in one building on one lot with one Property Tax Bill. Not to mention its so much easier to manage and maintain if all your units are in building. THIS PROPERTY IS WELL PRICED LESS THAN $175. PER SQUARE FOOT - THATS LESS THAN IT WOULD COST TO REBUILD THE SAME SIZE PROPERTY IF SOMEONE GAVE YOU THE LAND FOR FREE !! SIMILAR PROPERTIES HAVE SOLD AS HIGH AS $250 PER SQUARE FOOT - THAT WOULD PUT THIS PROPERTIES VALUE IN THE 2.3 MILLION RANGE Separate Electric Meters, Newer Roof

Essential Information

MLS® #221755
Price$1,590,000
Square Footage9,276
Square Footage9276
TypeMulti-Family
Sub-TypeApartment
StatusACTIVE

Community Information

Address228 E Garfield Avenue
AreaWildwood
CityWildwood
StateNew Jersey

Amenities

Parking3 Car, Concrete Driveway

Interior

CoolingWall Air Conditioning
BasementCrawl Space

Heating

Gas Natural, Electric, Baseboard

Additional Information

Date ListedJune 5th, 2022
Days on Market70

Listing Details

OfficeWEICHERT REALTORS COASTAL

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