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$ 899,000
Est. payment /mo
New
126 W Andrews Ave Wildwood, NJ 08260
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 597144
Bedrooms 4
Full Baths 4
Annual Tax Amount $7,580
Tax Year 2024
Property Sub-Type 4 - 10 Units
Property Description
Don't let this golden opportunity slip through your fingers! Nestled at 126 W Andrews in the heart of Wildwood, NJ, this exceptional four-plex is a cash-flowing powerhouse, generating ~$80,000 in annual rental income through a thriving Airbnb business with a stellar 7% Cap rate. Tailored for the savvy investor chasing a foothold in the red-hot Jersey Shore market, this property boasts a versatile unit mix: one spacious 4-bedroom unit, two flexible 2-bedroom units, and one charming 1-bedroom unit—perfectly positioned to capture the diverse demand of vacationers flocking to Wildwood's iconic boardwalk, pristine beaches, and vibrant attractions. This isn't just real estate; it's a turnkey business in one of the Northeast's most coveted coastal destinations, where seasonal surges and year-round appeal drive consistent bookings and rental growth. Opportunities like this—combining immediate profitability, a prime location, and a proven business model—are vanishing fast in today's competitive market. Act now to secure this high-yield gem before another investor claims it! Schedule your private tour today and seize your chance to own a slice of the Jersey Shore's booming rental market at 126 W Andrews. Don't wait—this deal won't last long! Note: Financials and ROI based on current performance; buyers should verify all data. 3D Tour for Unit 3- https://homejab.vr-360-tour.com/e/rvsBl1UD3UQ/e 3D Tour for Unit2- https://homejab.vr-360-tour.com/e/rvkBl1SFzlo/e
Location
State NJ
County Cape May
Community Wildwood
Area Wildwood City
Rooms
Other Rooms Dining Area, Kitchen, Laundry/Utility Rm
Basement Crawl Space
Interior
Heating Gas-Natural
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Virtual Tour https://vimeo.com/1091860692
Listed by eXp Realty - Wildwood Crest