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115-117 W Poplar Avenue, Wildwood - ACTIVE
For Sale: $1,850,000
MLS: 261430 Beds: 10 Baths: 7 Half:7 Type: Apartment Lot: 1 to 6000 SqFt DOM: 14 Days
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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. |
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| PROPERTY FEATURES & AMENITIES |
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- 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
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| REQUEST ADDITIONAL INFORMATION |
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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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