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115-117 W Poplar Avenue, Wildwood - ACTIVE

115-117 W Poplar Avenue - Picture 1

For Sale: $1,850,000

MLS: 261430       Beds: 10       Baths: 7       Half:7      Unit:7      

Type: Apartment      Lot: 1 to 6000 SqFt       DOM: 14 Days

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PROPERTY DESCRIPTION
Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch. Providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
PROPERTY FEATURES & AMENITIES
  • Patio   
  • Deck   
  • Enclosed/Cov. Patio   
  • Porch   
  • Fenced Yard   
  • Outside Shower   
  • Living Room   
  • Dining Room   
  • Kitchen   
  • Den/TV Room   
  • Dining Area   
  • Laundry/Utility Room   
  • Florida Room   
  • Heating:Gas Natural   
  • Heating:Electric   
  • Heating:Radiator   
  • Heating:Multi-Zoned   
  • Heater:Electric  
  • Conventional  
  • Other Financing  
  • Cooling:Electric  
  • Cooling:Ceiling Fan  
  • Cooling:Wall Air Conditioning  
  • City  
ADDITIONAL PROPERTY PICTURES

Request Property Information - 115-117 W Poplar Avenue, Wildwood NJ
10 Bedroom(s)   |   7 Bathroom(s)   |   For Sale: $1,850,000
 MLS Number: 261430   |   Property Type: Apartment

Provided by: Freda Real Estate Agency - www.callfreda.com
(Information Above Will Appear At The Top Of The Email That Is Sent to Freda Real Estate)

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Let FREDA REAL ESTATE AGENCY be your buyer for this listing. Listing is provided by BERKSHIRE HATHAWAY HS FOX & ROACH sic. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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