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

SOLD | $570,000 | 08/28/23

Description

Attention Investors! This four-plex is fully rented, and has split meters for gas and electric, making it a hassle-free investment. Gross rents are currently $4,650 per month. Front House 1st floor is a 3 bedroom, 1 bath and 2nd floor is a 1 Bedroom, 1 bath. The rear building has 2 efficiency apartments, one downstairs and one upstairs. With four units available, this property provides the opportunity for a diversified rental income stream. Each unit also features its own private entrance, ensuring privacy for residents. This property also offers a great opportunity for future growth. With a strong rental market and potential for rent increases, this investment is positioned to provide solid returns over time. All units are in great shape making this a turnkey property. Whether you're an experienced investor or a first-time buyer looking to enter the real estate market, this property promises to be an excellent addition to your portfolio. Call for a private showing today!

Features

  • Heat Fuel:Gas Natural

  • Water Heater:Gas

  • Cooling:Electric

  • City

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY KELLER WILLIAMS REALTY JERSEY SHORE wc. 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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