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Graham Ginn

Graham Ginn 609-602-4884 609-399-0076x173

3160 Asbury Avenue, Ocean City

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For Sale 405 Wildwood, Cape May Court House, NJ, 08210

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405 Wildwood, Cape May Court House, NJ, 08210 Main Picture 405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture

405 Wildwood, Cape May Court House, NJ, 08210

$1,471,000

Graham Ginn
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INVESTOR OPPORTUNITY!! Package deal. Located at 405 N Wildwood Blvd right off the Garden State Parkway, the property is a former hotel that was converted to multifamily apartments. The property has been fully renovated including new mechanicals and is ready with 13 Market Rate apartments (11 efficiencies, 1 - one bed, 1 - three bed). The building’s construction with all units being first floor walk-ins, having on-site laundry, and room for additional storage units will add to its appeal. This property will allow an investor to capture full market rents and add significant value through lease-up in a rental area with huge demand. N Wildwood Blvd benefits from its close proximity to North Wildwood’s beaches and extended shoulder season to bolster Airbnb models. To the west, Burleigh is aggressively developing commercial real estate which may interest investors in also purchasing 401 N Wildwood Blvd on this same parcel. Netting 222’ of frontage and 1.08 AC of dry land opens up a number of additional opportunities in a high traffic, high visibility area.

Listing courtesy of: BLUE HOMES REAL ESTATE LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath
# of Stories
Year Build
Lot Size
Tax 12460.00
SQFT
HeatingElectric
WaterWell
Bedrooms 0
Half Bath
# of Stories
Lot Dimensions 222 X 216
# Units
Tax Year 2022
Area Cape May Court House
CoolingWall Air Conditioning
SewerSeptic
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Nearby Listings

Welcome to your future home. This expansive 5-bedroom, 3.5 bathroom, two story residence is situated in a much sought-after neighborhood, conveniently located East of the Parkway. Although it does need a little love, this home could easily be restored to its original beauty. Enjoy easy access to the beautiful shores of North Wildwood and Stone Harbor, making this the perfect home for beach lovers. This home sits on a generous 107 x 150 lot with a fully fenced backyard, perfect for pets, children and outdoor entertaining. Inside you will find two (2) master suites, one on each floor, providing flexibility and comfort. The first-floor master suite includes exterior entrance with handicap ramp for access, ideal for multi-generational living. The home has a recently installed septic system (2020), and well water with a water filtration system. The heating and air conditioning system offers 3 zones. The dining room features a charming wood-burning fireplace, creating a cozy atmosphere for family meals and gatherings. The kitchen is designed with white cabinets, stainless steel appliances, a convenient breakfast bar, and a bright breakfast nook with a sliding glass door leading to the rear deck. Enjoy a large living room with an adjoining sitting room/den, offering ample space for relaxation and entertaining. While the home requires some updates and TLC, it offers incredible space with potential to personalize it and make it truly your own. Don\'t miss out on this opportunity to own a spacious home in a fantastic location. Whether you are looking to enjoy the nearby beaches or create a cozy retreat, this property is ready for your vision. This home will be sold in strictly as-is condition. Seller to provide passing water certification and smoke cert. from Middle Township. Contact us today to schedule a viewing and see all the potential this home has to offer!

Property 2

118 Wildwood, Cape May Court House

  • 5

  • 3.1

  • $550000