AGENT LISTINGS
J.K. Hepner, III

J.K. Hepner, III 609-457-9457 609-399-0076x135

3160 Asbury Avenue, Ocean City

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For Sale 215 24th, North Wildwood, NJ, 08260

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215 24th, North Wildwood, NJ, 08260 Main Picture 215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture215 24th, North Wildwood, NJ, 08260 Aditional Picture

215 24th, North Wildwood, NJ, 08260

$1,500,000

J.K. Hepner, III
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EXTRAORDINARY INVESTMENT OPPORTUNITY! Imagine the rental income you could generate OR sell individually as condos, this is a \"ready to go\" condo conversion with background work completed! This charming coastal inspired six-unit multifamily property is situated approximately 2.5 blocks from the beach and boardwalk in an amazing location. Enjoy amusements and water parks, fantastic restaurants, recreational parks and so much more, all within close proximity. All units in this building have full heat and air conditioning, offering options for renting for short term summer rentals, longer seasonal / shoulder season rentals or year-round. You could even reserve a unit for personal use and still produce a strong income. The wrap around porch on the second level is the perfect spot to line up the rocking chairs and enjoy the sounds and sights of people enjoying life at the beach. Both units 3 and 4 are accessed from this porch. Unit 3 (on the 2nd level) is a beautiful 2 bedroom, 1 bath with stunning hardwood flooring throughout, a large living room, dining area, kitchen with plenty of cabinets and tile flooring with walk in pantry, and a bath with large tile shower and unique dresser style dual sink vanity and washer/dryer hookups, and a deck off the kitchen. Unit 4 (up the stairs on the 3rd level) is a 2 bedroom, 1 bath with original stainless window features, original doors with glass knobs - it\'s very charming. This unit has new carpeting throughout, a private washer and dryer, kitchen and living room. The front deck dedicated to this unit has massive and expands the living space. The top floor is unit 5, and that is the largest of the units with 3 bedrooms and 1 bath, with a beautiful open layout. Units 1 and 2 are on the ground level. Unit 1 is a two bedroom, two bath with living room and kitchen, and its own small deck. Unit 2 is a one bedroom, one bath with a sitting room with patio, kitchen, bath with tub, and a private washer and dryer. Unit 6 is the free standing cottage, which is a 1 bedroom, 1 bath with kitchen and sitting area, perfect for an on site owner or manager to use as their residence. The owner has made many improvements to this property - it has attractive vinyl siding for minimal maintenance, all systems and utilities are separated to each unit, all kitchens and baths have been updated - the property is ready to go for 2025! Situated on a large 64 X 100 lot, there is plenty of parking and outdoor space for all units. Income potential exceeds $125,000 easily and could push higher with a short-term rental approach, and the condominium conversion route appears to yield a nice profit when we run the numbers. Don\'t miss your chance to invest in a one of a kind property in North Wildwood! NOTE: AI GENERATED VIRTUALLY STAGED PHOTOS HAVE BEEN INCLUDED SHOWING CERTAIN ROOMS FURNISHED.

Listing courtesy of: LEES REAL ESTATE
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 0
# of Stories
Year Build 1920
Lot Size 6001 to 10000 SqFt
Tax 8720.00
SQFT
OutsideFeaturesPatio, Deck, Porch, Grill
OtherRoomsLiving Room, Dining Room, Kitchen, Den/TV Room, Dining Area, Pantry, Laundry/Utility Room, Other
BasementSlab
CoolingCentral Air, Ceiling Fan
WaterCity
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 64x100
# Units 6
Tax Year 2023
Area North Wildwood
ParkingGarageConcrete Driveway
AlsoIncludedCurtains, Blinds
HeatingGas Natural, Forced Air
HotWaterGas
SewerCity
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Nearby Listings

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ONE OF A KIND - YEAR ROUND BEACH GET-A-WAY WITH POOL AT HERITAGE CONDOMINIUMS! Visit our OPEN HOUSE Saturday, 9/14 from 12 noon - 2PM! This beautifully appointed first floor condominium is truly a must see! If you\'ve been disappointed by the smaller motel style one bedroom units, you will LOVE the look and feel of this condo - it is so different and much larger than the others! The location of this building is ideal - just a short 2.5 block distance to the beach and boardwalk when you want to enjoy all of the fun, but far enough away from the hustle and bustle to have privacy and relaxation time. Restaurants, shopping, Morey\'s Pier and Waterparks, Owen\'s Pub, a bakery, parks and more are all easily accessible from this spot. This unit has never been rented and most owners do not rent, making it the ideal property for your personal vacation home. The layout includes a large living room, dining area, galley kitchen with tons of counter space, bedroom with two double beds and a full tile bath with access from both the living area and bedroom. Special STAND OUT features include beautiful hardwood flooring throughout, granite counter tops, stainless steel appliances, crown molding, ceiling fans with lights, and a pretty bay window in the living room. This condo will be sold with ALL furniture, most decor, and all appliances, so you can move right in and enjoy this turn key residence. The Heritage Condominiums offers so much to appreciate, including one of the largest pools for a condo association of this size, which ranges from 3’ to 8’ deep. There are plentiful lounge chairs, tables with umbrellas, palm plants, flowers and post lamps surrounding the fenced pool area - perfect for that evening swim when the sun goes down. The association also provides a courtyard with Weber grills and patio sets and a laundry area (owners only), a designated parking space, outside showers, bike racks and storage space for your beach items. This is a pet friendly condo association (owners only). The condo fees are $295.56/mo. and includes flood, fire and liability insurances, water/sewer, pool expenses, trash/recycling containers and routine facilities maintenance. There is also a $250 yearly opening fee. Don’t hesitate - this is an opportunity you do not want to miss! Easy to see, call today! ** Square footage noted was taken from tax records and should be verified by buyer prior to purchase. **

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