702-.5 BOARDWALK Wildwood, NJ 08260
UPDATED:
10/30/2024 07:31 AM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 731 sqft
Price per Sqft $719
MLS Listing ID NJCM2002774
Style Cottage,Bungalow,Dwelling with Rental,Dwelling w/Separate Living Area
Abv Grd Liv Area 731
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,028
Tax Year 2022
Lot Size 1,250 Sqft
Acres 0.03
Lot Dimensions 25.00 x 50.00
Property Description
Sellers are motivated. The summer season is winding down and showings can now be accommodated. This airbnb has been very popular and lucrative.
Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living.
Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away.
The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
Location
State NJ
County Cape May
Area Lower Twp (20505)
Zoning RESIDENTIAL
Interior
Hot Water Propane
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Inclusions all permanent fixtures and appliances. Furniture negotiable
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type On Street
Garage N
Building
Foundation Pilings
Sewer Public Sewer
Water Public
Architectural Style Cottage, Bungalow, Dwelling with Rental, Dwelling w/Separate Living Area
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 05-00815-00017
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHLMC, FMHA, Other
Listing Terms Cash, Conventional, FHLMC, FMHA, Other
Financing Cash,Conventional,FHLMC,FMHA,Other
Special Listing Condition Standard
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