Pending

209 E Spencer Avenue

Wildwood NJ, 08260-4745

$1,189,999


Pending

19 Beds

8 Baths

Multi-family

Built in 1920

Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms. There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!

222226

MLS ID

July 14, 2022

Listed

March 14, 2024

Updated

Map

209 E Spencer Avenue
Wildwood NJ, 08260-4745

Interior Features

Bedrooms

19 Beds


Bathrooms

8 Baths


Fireplace

No


Cooling

Yes


Cooling Description

Wall Air Conditioning


Heating

Yes


Heating Description

Gas Natural

Exterior/Building Features

Sewer

Public

Other Property Details

Area Name

Wildwood


Days on Market

582


Garage

No


View

No


County

Cape May County


Municipality

14-Wildwood City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/17/2024

Pending

1/18/2024

Price Change

$1,189,999

-1%

12/20/2023

Price Change

$1,199,999

0%

12/14/2023

Price Change

$1,199,000

-5%

11/21/2023

Active

11/16/2023

Pending

9/19/2023

Price Change

$1,250,000

-8%

 

Courtesy of LONG & FOSTER REAL ESTATE, INC - OC,

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Vince shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:56 PM UTC 3/14/2024

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