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Coastal Marketing Group - RE/MAX Surfside - Cape May New Jersey

310 E Magnolia Avenue, Unit Numbers A/1st Fl., Wildwood

SOLD | $320,000 | 03/29/19

Description

This is the Investment Opportunity that you've been waiting for! Condominiums with pools are in short supply in Wildwood, and this Association on E. Magnolia Ave. is the most desirable of all. Location, location! You have it here. There is a SUPER STONG year-over-year rental history. Rent AND cover your expenses AND use it yourself too! This owner has begun lining up her 2019 rental season and will assist a buyer with the turnover and administration. There is nearly $20,000 worth of rentals booked or pending as of 2/3/19, with 1/2 rent deposits in the bank. Purchase now and walk into an investment that will provide you huge rental cash back after closing! This 3 bedroom, 2 bath condominium sleeps up to 10 and rents for $3,000+ per week in the prime time summer season. You are less than one block from the Beach/Boards/Ride Piers. Enjoy your large private front deck with a peek of ocean blue. All the most requested amenities are here - Association managed and maintained heated pool and gas grills; a private garage storage room for beach gear; two reserved garage parking spaces; an outdoor hot/cold shower, a fenced back yard. Even trash and recycling services are covered as a "common" expense! This is a Fabulous Turn-Key Opportunity in a well managed building with a financially sound condominium association. All owners are current with dues and there are healthy reserves. Act on this one now to secure and collect your rent for the 2019 summer season and to save some vacation time for your own family too!

Features

  • Living Room

  • Dining Room

  • Kitchen

  • Eat In Kitchen

  • Laundry/Utility Room

  • Great Room

  • Storage Space

  • Range

  • Self-Clean Oven

  • Microwave Oven

  • Refrigerator

  • Washer

  • Dryer

  • Dishwasher

  • Disposal

  • Smoke/Fire Detector

  • Heat Fuel:Gas Natural

  • Heat Fuel:Forced Air

  • Water Heater:Gas

  • Auto Door Opener

  • Garage

  • 2 Car

  • Assigned Parking

  • Concrete Driveway

  • Shared Driveway

  • Cooling:Central Air

  • Cooling:Ceiling Fan

  • City

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY DON MARTIN REALTY, INC. 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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