For Sale 237 Garfield, Wildwood, NJ, 08260

Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly tenants. Building is fully occupied with a waiting list. This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms. There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it\'s own electric meter and brand new heating system. Renovated, separate owner or property manager\'s quarters with it\'s own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV\'s, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!

Welcome to the beautiful Wildwood Back Bay on 5-Mile Island! This neighborhood has transformed itself from an industrial campground to an impressive area of full-time homeowners, second homes, and investment mecca. Local builder of pristine high-end homes, Seagate Developers, among others, has created this back bay into a must see, must live, must have neighborhood. This new construction townhome developed by Seagate Developers was completed in March 2024. It boasts a spacious 2,800 square feet with five (5) bedrooms and three (3) full bathrooms spread across three (3) floors, perfect for a larger family--or a smaller one that loves to entertain! From the third-floor primary bedroom balcony to the ground-floor finished area, this spectacular showcase home has everything you could ask for--and more. Entering the home takes you into the tiled foyer, complete with astonishing artwork. Continuing into the finished ground floor, you will find more comfortable, relaxing space with a sitting area and offices but would also make a perfect area for a rec room or gym. The vinyl wood plank flooring will last for years. The sliding glass doors open to a spacious fenced-in gated backyard--perfect for a safe playground or for Fido to guard your castle. On the second floor, you will find vinyl plank flooring throughout, an open floor plan that offers a kitchen with an enlarged upgraded island, upgraded appliances, built-in microwave, range hood, custom backsplash, quartz countertops, additional cabinets, separate wine bar and wine fridge. The spacious great room offers a linear fireplace, 65-inch TV, and overhead lighting throughout. Stereo electronics are enclosed in the console. A beautiful bedroom on this floor is rounded off with a full bathroom complete with a glass shower door enclosure and pedestal sink. The third floor offers a stackable washer-dryer with a sliding barn door, a full bath, and four bedrooms including the primary suite. The spacious primary bedroom has a cathedral ceiling, a full bathroom, half-wall shower with a bench seat. This beautiful new home has upgraded electric, on-demand hot water, dual-zone climate control, ceiling fans in all bedrooms and great room, and even an outside sprinkler system. All electronics including wall-mounted TVs in all bedrooms, great room, and ground floor are also included. There is even an enclosed outside shower for when you return from swimming in the bay or relaxing on the beach. This fully furnished home is ready for a quick settlement.

BE A PART OF THE NEW CONSTRUCTION WAVE OF WILDWOOD\'S BACK BAY! Corner lot, approx. 40x97, partially cleared, in an area full of new development. This property comes with stamped plans from an architect for a 5 Bed 3.5 Bath home. Elevations, floorplans, and survey are located in associated docs. Contact agent for more information.