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George Cash

George Cash 609-231-3586 609-399-0076x128

3160 Asbury Avenue, Ocean City

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For Sale 4701 Arctic, Wildwood, NJ, 08260

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4701 Arctic, Wildwood, NJ, 08260

$1,250,000

George Cash
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The fabulous corner property boasts a 100 x 103 lot. There are 2 buildings with a total of 9 apartments. The house in front is a Triplex and the rear building has 6 apartments. There are (3) 1-Bedroom units , (5) 2-Bedroom units and (1) 3-Bedroom unit. Fully rented, all Annual leases, all Rents are current, with a CAP rate of 6.2%. The current rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don\'t miss this one, it\'s a great catch!

Listing courtesy of: NEW ERA 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 1940
Lot Size 10001 to 20000 SqFt
Tax 13228.00
SQFT
OutsideFeaturesPatio, Porch, Fenced Yard
HeatingGas Natural, Electric
HotWaterElectric
SewerCity
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 10,001
# Units 9
Tax Year 2024
Area Wildwood
OtherRoomsLiving Room, Dining Room, Kitchen
CoolingWall Air Conditioning
WaterCity
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