236 W Pine Avenue, Wildwood

All of the Work has been done for you in this Huge Triplex that is a Prime Income producing Property. This complex would also make a great condo conversion. The Front Duplex consists of 2 Large 3 Bedroom units Top Floor unit Actually has a first floor mother in-law suite attached with first floor entrance, kitchenette and bathroom. This is a large ( Approx 1300 sq ft ) apartment with 2 Bathrooms spacious living room and huge deck that spans the entire width of the home. Currently utilized by the owners, this should rent for $1400/month Property can not close until after 02/23/2017 CASH COW Monthly Mortgage payment 4.25 % interest would be $1755 approx based on Full Asking price 25% down Payment, Est $6000 Taxes and est $3600 insurance. Monthly gross rental income at Full capacity would be First Floor $1475, $825 Back cottage and Top Floor $1400 (Est) would be $3700. First floor is a 3 large Bedroom 1 currently occupied with year round tenants that have been with the seller for multiple years ( Great Tenants ). First floor also has an expansive deck that spans the width of the home. Back separate cottage is a cozy 1 bedroom 1 bath detached single that would make a great owners quarter weekly rental. Currently occupied with year round tenants that pay 825 in the winter. Lots of outdoor space, parking and room to enjoy all of the pleasures of beach living. Top floor may be shown at any time. All others PLEASE ALLOW MINIMUM OF 24 HOURS TO SHOW ( NO EXCEPTIONS). Sale Must take place after 02/23/17