HOUSEHUNT

224 E 20th
North Wildwood, NJ 08260

0
bed
0
bath
$889,999
price

224 E 20th
North Wildwood, NJ 08260

0
bed
0
bath
$889,999
price
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Description
This is one of the largest homes in north wildwood!! This triplex sleeps 32 between all 3 units. Whether you’re looking for a very large home or a property with an income producing business, stop your search, this is it. This home currently is used as a triplex and has a total of 13 bedrooms and 7 baths between the main house and the cottage. The wrap around porch on both levels of the front house are both spacious and inviting with rocking chairs to relax and enjoy the cool ocean breezes. Currently the owners rent all 3 units to one group at a time for weekly rent of between $8,000-$8,250. It already has repeat renters for most of the 2019 summer. There are only 3 weeks not yet rented. This home produces $115,000 per year in income. The owner takes on winter tenants which only increases your income. Everything was totally new in 2005. New roof, windows, hvac and central air, 3 water heaters, kitchens and baths. There are 3 separate electric meters and 1 gas meter. The driveway holds parking for at least 6 cars. The owners have lovingly maintained this home after each checkout and throughout the course of the year to know that everything is in perfect working order. When you tour this home, it will remain fully furnished as you see it to to remain a turnkey property. Easy to show, no tenants currently. Lockbox on premises.
Key Details
Bedrooms: 0
Bathrooms: 0
Sq. Ft.: 0
Property Type: Land
Features
Central Air
Den/Study/Office
Formal Dining
Gas Heating
Living Room
Listing Agent: Donna Leyland
Broker: RE/MAX at The Shore Broker Phone: 6097297300
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Price Term Down Payment Rate

Down Payment Amount
Mortgage Amount

Mortgage Payment$23,416.34
Copyright © 2019 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Neighborhood Info
North Wildwood - 08260
The vacancy rate of homes in 08260 is 68.37% with 17.35% of homes being owner-occupied. The median household income in 08260 is $46,741 per year with those between 45 and 64 having the highest median income at $56,468.
Schools Near 224 E 20th North Wildwood, NJ 08260
Rating School Name Type Grade Distance
3
Margaret Mace Elementary School Public PRESCHOOL-8 0.37 mi
3
Crest Memorial Elementary School Public PRESCHOOL-8 3.34 mi
2
Wildwood High School Public 9-12 1.11 mi

More schools in North Wildwood
Neighborhood Demographic
Demographic in North Wildwood - 08260
$46,741
Median Income
2.124
Avg Household Size
47.95
Median Age
28%
White Collars
44%
College Grad
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