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In-PersonVirtual Tour
$ 1,100,000
Est. payment | /mo
6 Beds
4 Baths
$ 1,100,000
Est. payment | /mo
6 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 252163
Bedrooms 6
Year Built 1925
Annual Tax Amount $4,805
Tax Year 2024
Lot Dimensions 2252
Property Sub-Type Four-Plex
Property Description
OPEN HOUSE SUNDAY, 8/10, FROM 11AM-12PM! Dreaming of a multi-generational family compound at the shore? Or, perhaps looking to add to your investment portfolio with an income-generating four-plex? THIS is your chance: Introducing 213 E Heather Rd, a multi-family unicorn only 2.5 blocks to the beach in Wildwood Crest. Your front building has two units (2 bed/1 bath and 1 bed/1 bath), each with private front porches and back decks! The back building features an additional two units, fully modernized in 2023, with significant short term rental history. Last year alone, the property grossed nearly $80,000 in rental income and that's with only two short term rentals and two long term rentals. With 3-4 short term rentals, you have the potential for six-figure gross rental income! Marketability matters and you just can't beat this location. Just around the corner is Britton's Gourmet Bakery, home of the best apple fritters at the shore! A few blocks away are some of Wildwood's beloved restaurants, including Little Italy, Bandanas, Duffer's, The Ravioli House and Jellyfish Cafe! Take advantage of The Crest Pier Recreation Center and the Crest Arts Pavilion, and don't forget to rent your bikes at Crest Bike Rental before hitting the boards or heading south to enjoy the bike/walking path, as well as Centennial and Sunrise Parks. With so much to do, see and explore, this is the income-producing shore house you've been looking for!
Location
State NJ
County Cape May County
Area Wildwood Crest
Location Details Island
Rooms
Other Rooms Living Room, Kitchen, Laundry/Utility Room
Interior
Hot Water Gas
Heating Gas Natural, Forced Air
Cooling Central Air, Gas, Other
Exterior
Exterior Feature Deck, Enclosed/Cov. Patio, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower
Building
Lot Description Island
Sewer City
Water City
New Construction No
Others
Virtual Tour https://www.youtube.com/watch?v=t9QyN_LiNXM
Listed by KELLER WILLIAMS REALTY JERSEY SHORE wc