For Sale, USD 1,499,000
115-117 W Poplar Avenue, Wildwood NJ 08260, New Jersey, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 11
Bathroom : 7
Half Bathroom : 0
MLS#: N/A
Property Description
Rare opportunity to acquire a 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and two spacious 3-bedroom condo-style units, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. With the current price point of $1.499M, there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
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115-117 W Poplar Avenue, Wildwood NJ 08260, United States,New Jersey is a New Jersey luxury Multi-Family Home listed for sale USD 1,499,000. This high end New Jersey Multi-Family Home is comprised of 11 bedrooms and 7 baths. Find more luxury properties in New Jersey or search for luxury properties for sale in New Jersey.