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James C. Otton Real Estate, Inc.


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MLS (capemay) #167511 - $749,000.00
405 E 7th
North Wildwood, NJ 08260
Four-Plex

Rehabbed Multiplex that has been redone inside and out. Beautiful front house that can accomodate two families with ease. Two complete living and sleeping spaces, with great rooms, wet bar, kitchen with stainless appliances, beautiful countertops and backsplash, large deck very open space. New Pergo flooring throughout, completely remodeled baths, lots of new windows, new heat pump/ac unit. The front house could rent for $30K for the season (last year short notice rented for $25K for season) and is coming completely furnished including a new washer and dryer. Moving to the back there are two completely redone efficiency units on the first floor - both with full kitchens with stainless appliances, granite countertops, remodeled bath new flooring and crow molding - equipped with flat screen TV that can be viewed from anywhere in the units. 2nd floor unit has 2 bedrooms, new pergo flooring, complete stainless steel appliances in kitchen, granite countertop, a new HVAC system (heat pump with c/a) and newly remodeled bath. There is a large yard to share, 2 outdoor showers, and parking for three cars. Owner actively advertising for 2016 summer rentals so more than likely you will assume those rentals upon purchase. Estimate of $55 to $60K rental income for the season. Too many other upgrades to mention.


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405 E 7th, North Wildwood - Four-Plex - Rehabbed Multiplex that has been redone inside and out.  Beautiful front house that can accomodate two families with ease.  Two complete living and sleeping spaces, with great rooms, wet bar, kitchen with stainless appliances, beautiful countertops and backsplash, large deck very open space.  New Pergo flooring throughout, completely remodeled baths, lots of new windows, new heat pump/ac unit.  The front house could rent for $30K for the season (last year short notice rented for $25K for season) and is coming completely furnished including a new washer and dryer.  Moving to the back there are two completely redone efficiency units on the first floor - both with full kitchens with stainless appliances, granite countertops, remodeled bath new flooring and crow molding - equipped with flat screen TV that can be viewed from anywhere in the units.  2nd floor unit has 2 bedrooms, new pergo flooring, complete stainless steel appliances in kitchen, granite countertop, a new HVAC system (heat pump with c/a) and newly remodeled bath.  There is a large yard to share, 2 outdoor showers, and parking for three cars.  Owner actively advertising for 2016 summer rentals so more than likely you will assume those rentals upon purchase.  Estimate of $55 to $60K rental income for the season.  Too many other upgrades to mention.
 
 
 

 
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Listing courtesy of:
DON MARTIN REALTY, INC


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Coldwell Banker James C Otton Real Estate