$565,000
$565,000
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418 W Roberts Avenue Wildwood, NJ 08260
5 Beds
3 Baths
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 253038
Bedrooms 5
Year Built 1935
Annual Tax Amount $5,021
Tax Year 2024
Property Sub-Type Duplex
Property Description
This beautifully remodeled income-producing duplex in the heart of Wildwood offers two spacious and modern units, both featuring stylish wood-look tile flooring throughout and updated finishes. The first-floor unit includes 2 bedrooms, 2 baths, a covered porch, living room, kitchen with granite countertops and tile backsplash, a bonus room, and central air and heat, currently rented for $2,400 per month. The second-floor unit offers 3 bedrooms, 1 bath, a covered porch, living room, kitchen with quartz countertops and tile backsplash, and is rented for $2,200 per month. The property was completely renovated about four years ago, including new furnaces, A/C condensers, hot water heaters, kitchens, bathrooms, flooring, trim, and doors, making it a turnkey opportunity for investors seeking a low-maintenance, high-income property in a desirable coastal location. First floor tenant is moving out at the end of December. This gives the new owner the option on using one unit for themselves or using it as a short-term or year round rental.
Location
State NJ
County Cape May County
Area Wildwood
Rooms
Other Rooms Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space
Interior
Hot Water Gas
Heating Gas Natural, Electric, Baseboard, Forced Air
Cooling Central Air, Wall Air Conditioning
Exterior
Exterior Feature Deck, Porch
Building
Lot Description Inside Lot, Island
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with deSatnick Real Estate LLC - North Wildwood
NEARBY SCHOOLS & BUSINESSES
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Micah Yerk
Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889
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