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$1,499,000
Est. payment /mo
8 Beds
UPDATED:
02/21/2024 03:18 PM
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 580933
Bedrooms 8
Year Built 1910
Annual Tax Amount $11,736
Tax Year 2022
Property Description
***Multiple Offers Received. Sellers are requesting Highest/Best Offers by Friday 1/5/24 at 12pm. Agents Please see agent remarks*** Investor Alert! Here is an incredible opportunity to own The Crestview Inn Apartments! This 8 unit complex offers 14 bedrooms, 8 full kitchens, 9 full bathrooms, 2 powder rooms, 14 parking spaces, & an inground pool...All perfectly situated on on 100'x100' lot in an R-3 Zone very close to the Convention Center, Boardwalk, Restaurants, Mini-Golf, Etc. this is one that you won't want to miss. The 3' to 6' deep pool is enclosed in a spacious area allowing for plenty of lounge chairs. There are two outdoor showers with hot & cold water, an additional outside room with toilet for easy access from pool, & multiple storage rooms plus a bike rack. Currently used for short term summer rentals these units are heated (varying heat sources) and separately metered so they would be ideal for continued use as short term/weekly rentals, seasonal summer rentals, or possibly year round rentals. Of course all buyers need to perform their own due diligence & confirm their plans with the city. This building is being sold mostly furnished so buy it soon and start booking your summer rentals right away!
Location
State NJ
County Cape May
Community Wildwood
Area Wildwood City
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Electric, Gas-Natural
Exterior
Garage None
Waterfront No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by Re/Max Surfside-Cape May
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Joseph Lam
Broker Associate | License ID: 0682262
Broker Associate License ID: 0682262
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