Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
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104 E Montgomery Avenue, Wildwood

SOLD | $360,000 | 01/10/22

Description

CASH COW With Over $47,000 Generated in Annual Gross Rental Income! Situated on the East Side of New Jersey Ave., This Four Unit Multi-Family Property Commands an Impressive Income Flow With Opportunity for More. The Front Building is a Duplex: Unit A (Bottom Floor 3BR/1.5Bath) and Unit B (Top Floor 2BR/1Bath). The Back East Side Cottage (Unit C) Consists of 2BR/1.5Baths. The Back West Side Cottage (Unit D) Consists of 1BR/1Bath. All Units are Fully Rented with Year Round Tenants that Pay Electric (Separately Metered for Each Unit). The Properties Have Been Updated Over the Years With New Electric Service, Vinyl Siding, Vinyl Replacement Windows, Roof and More. Rich in History, 104 E Montgomery Dates Back to 1900, and is Awaiting a New Owner's Legacy.

Features

  • Enclosed/Cov. Patio

  • Porch

  • Storage Building

  • Other (See Remarks)

  • Living Room

  • Kitchen

  • Dining Area

  • Storage Space

  • Heat Fuel:Electric

  • Water Heater:Electric

  • Conventional

  • Basement:Crawl Space

  • 3 Car

  • Concrete Driveway

  • Cooling:Wall Air Conditioning

  • City

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY RE/MAX At The Shore. 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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609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
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