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James Monteleone

James Monteleone 609-399-4211

109 E 55th St., Ocean City

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For Sale 240 Davis, Wildwood, NJ, 08260

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240 Davis, Wildwood, NJ, 08260

$569,900

James Monteleone
  • Buyer Agent Compensation: N/A
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Welcome to 240 E Davis Ave #A in Wildwood, NJ! This stunning first-floor, 3-bedroom, 2-bathroom condo is just steps from Wildwood’s famous beaches and bustling boardwalk. The exterior boasts ample parking with 4 spots (a rarity for the area) and private storage, perfect for all your beach gear. Inside, you’ll find an inviting open-concept floor plan with custom paint and wainscoting throughout. The great room opens to a charming, covered deck, ideal for enjoying summer breezes. The kitchen features granite countertops, a tiled backsplash, solid wood cabinetry, and a breakfast bar. Both bathrooms have been beautifully updated, and the unit is tastefully furnished with a perfect blend of homey and shore-chic décor. High quality LVT flooring throughout provides a beautiful look, while also being durable for rentals and/or guests. Recent big-ticket updates include roof (~3 years old), hot water heater, and furnace. Lovingly and meticulously maintained, this condo is in impeccable condition. With only three units in this friendly condo association, you’ll enjoy reasonable fees and a welcoming atmosphere. Whether you’re looking for the perfect shore retreat or an investment opportunity, this property checks all the boxes. Don’t miss out—schedule your showing today!

Listing courtesy of: COMPASS RE - Ocean City
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 6
Full Bath 2
# of Stories Two
Year Build 2006
Lot Size
Tax 6410.00
SQFT 1284
ParkingGarageCarport, 2 Car
AppliancesIncludedSelf-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stainless Steel Appliance
HeatingGas Natural, Forced Air
HotWaterGas
SewerCity
Bedrooms 3
Half Bath 0
# of Stories Two
Lot Dimensions
# Units
Tax Year 2024
Area Wildwood
OtherRoomsKitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Great Room, Storage Space
AlsoIncludedBlinds, Furniture
CoolingCentral Air, Ceiling Fan
WaterCity
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Nearby Listings

Investor alert! Owner Financing Possible!! This incredible income-producing property has so much to offer. Located on the corner of Park Blvd and Montgomery Ave in Wildwood, 4401-4403 Park Blvd boasts two commercial spaces, a warehouse, three rental units, a two-car garage, and off-street parking for 3+ vehicles. The largest of the two commercial spaces is currently occupied by a well-respected and long-standing local business. This professional office space with an attached warehouse has an ideal layout with an entryway off of Park Blvd, two separate office spaces, kitchenette, bathroom with steam shower, laundry, radiant heat, and air conditioning. The warehouse is accessible from inside this space and from the rear of the property. The second commercial space has a large open floor plan and a separate area in the back with a full bathroom, storage, and hookups for a full kitchen. This space has two entrances, one on Park and one on Montgomery, as well as heating and air conditioning. This space is a blank canvas with limitless potential! There are three rental units on the property with long-term tenants. Two of the rental units, one 2-bedroom and one 3-bedroom, are on the property\'s second floor. Both of these units are accessed through separate entrances at the rear of the property and each unit is equipped with a full kitchen, bathroom, and laundry. The third rental unit is located on the first floor, at the rear of the property, with a separate entrance on Montgomery Avenue. This unit is a 1-bedroom apartment with a full kitchen, bathroom, laundry, mini-split air conditioning, and radiant floor heat. Additionally, the two-car, two-door detached garage at the rear of the building is another rental unit opportunity on the property for additional income. This property’s location is in an exceptionally accessible area of the island, with quick access to the bridge and a walk score of 84 to all the local amenities. Take advantage of this rare opportunity to own an income-producing mixed-use property in an area that is continuing to develop and grow in value. With 4 of the 6 rental units on the property occupied, you could begin bringing in passive income right away. If you’re looking to build your portfolio, look no further!

Property 2

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