Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
Phone
Facebook Twitter YouTube
HOMESALES VACATION RENTALSOUR TEAM CAPE MAY DIRECTIONSCONTACT
Logo Bottom

120 E Schellenger Ave, Wildwood

Active | $1,200,000

Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore’s most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The property is currently set up to generate over $130,000. per season, demonstrating the property’s exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you’re looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Features

  • Heat Fuel:No Heating

  • Water Heater:Gas

  • Basement:Slab

  • None

  • Other (See Remarks)

  • Restroom

  • Public Sewer

  • Exterior:Vinyl

Location

 

Broker ReciprocityListing Courtesy of KELLER WILLIAMS REALTY-WASHINGTON TWP.
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Coastal Marketing Group are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.

Coastal Marketing Group in Cape May NJ
  HOME
DIRECTIONS
CONTACT
LOCAL TOWNS
SITE MAP
ADMIN
SALES
- Breakwater Estates
- Featured Listings
- MLS Search | Recently Sold
- What's Your Home Worth
- List Your Property
- Helpful Tools | Foreclosures
RENTALS
- Rental Search
- Let Us Help
- List Your Rental
- Rental Information
- Guest Access
- Year Round Rentals
OUR TEAM
- Coastal Marketing Group
- Our Team
- Testimonials
- Email Alerts Sign Up
CAPE MAY, NJ
- Weather
- Things To Do
- Around Cape May
609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
Facebook Twitter YouTube
© 2021 Coastal Marketing Group, RE/MAX Surfside - All Rights Reserved. Featuring Cape May Real Estate & Summer Vacation Rentals.
Web Site Designed By: Square 1 Design | Cape May