115 N ALLEN, North Wildwood, NJ 08260 - MLS#NJCM2003614

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Olson Realty

[email protected] +1(302) 448-6000

$660,000

Est. payment - /mo

1,900 SqFt

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UPDATED:

10/22/2024 02:37 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $347

MLS Listing ID NJCM2003614

Style Side-by-Side

Abv Grd Liv Area 1,900

Originating Board BRIGHT

Year Built 1966

Annual Tax Amount $331,800

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Oh, those Wildwood Days! A rare, rare opportunity to have your cake and eat it too. This North Wildwood Legal Duplex, with two separate partments, but one entity of ownership. An investment that will give you freedom to own, rent out Air B&B to your heart's delight. There is no HOA, the tax records show this as a four bedroom/two bath single family home. Apartment "B” on the second floor is just under 1200 sq.ft and leased to a solid, reliable, and quiet tenant. This lease must stay in place! The bottom main Apartment” A” however is just over 1200 sq.ft and it can be yours to use for your own enjoyment or rent out and most enticingly Air B&B with no restrictions. This literally does not happen anymore, so it’s time to seize the golden ring and cash in! The history of North Wildwood and especially originally incorporated as the borough of“Anglesea” in 1885. Wildwood is known for its white sandy beaches and world class Boardwalk. Well known for its celebrations throughout the summer. Irish Weekend, Mardi Gras, the Street Fair just to name a few. This home is located two blocks from the Anglesea Inlet Wall. It’s just a short walk to the new bulkhead. The ramps have been created down to the water for some of the best saltwater fishing on the East Coast The owners have made many improvements through the years. Each apartment has generous sized bedrooms, plenty of closet space, and living room and eat-in kitchen. It’s time to stay and play by the sea, and own your piece in history. This rare and usually unattainable opportunity is going to be caught just as quickly you can cast your fishing line.

Location

State NJ

County Cape May

Area North Wildwood City (20507)

Zoning AE

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit, Window Unit(s)

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Additional Building Above Grade

New Construction N

Schools

School District North Wildwood City Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by Melissa Eve Marshall • Soleil Sotheby's International Realty

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Olson Realty

+1(302) 448-6000

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115 N ALLEN North Wildwood, NJ 08260

Olson Realty

Olson Realty

Key Details

Location

Interior

Exterior

Building

Schools

Others

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