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4506 Atlantic, Wildwood, 08260 Main Picture 4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture4506 Atlantic, Wildwood, 08260 Aditional Picture

4506 Atlantic, Wildwood, 08260

$239,000

  • Duplex

  • 0

  • 0

Great investment property - Rent one and live in the other. This property has been fully remodeled and located one block to the beach, boardwalk, convention center and festivals in Fox Park. The first floor features two bedrooms and one bath, remodeled bathroom and kitchen this property has had major renovations (gutted, new pluming, new electrical (wiring, new circuit box and trunk line), new carpets & flooring, new ceiling fans, new HVAC system and new tankless water heater. Second floor features two bedrooms and one bath. This floor has a full upgraded kitchen which includes a range, refrigerator with icemaker. There is also a remodeled bathroom, new carpet and flooring, new front and rear decks (composite and fiberglass), new stairs, ceiling fans, HVAC system as well as new tankless water heater. You also enjoy the view from the new balcony that overlooks Fox Park, walking distance to all activities including playground, tennis courts and basketball courts. 1st and 2nd floor is currently vacant. 2nd floor is furnished (items in storage cabinet are not included in sale). You also have an outdoor shower and driveway. This duplex is what every investor is looking for - everything is remodeled, updated and great rental income!! Make your appointment today!

Listing courtesy of: WEICHERT REALTORS COASTAL
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
Lot Size Unknown
Tax 5096.00
SQFT
OutsideFeaturesPatio, Deck, Cable TV, Sidewalks
OtherRoomsLiving Room, Kitchen, Eat In Kitchen
HotWaterGas
SewerCity
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 33x60
# Units 2
Tax Year
Area Wildwood
ParkingGarage1 Car
HeatingElectric
WaterCity
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Nearby Listings

Location! Location!! Location!!! Turn Key 2013 built OCEAN VIEW Duplex by the Wildwood Convention center... 8 huge bedrooms, 4 full baths, meticulously cared and maintained by the owners while renting to vacationers during the season and enjoying in the off season throughout the year. Selling fully furnished with great summer rental history with repeat clients. Rental income is $68,000-71,000 each season for the past 5 seasons (2014-2018) and is one short block from the beach & boardwalk. The duplex has two large luxury units with exact layout. Each unit has open floor plan with hardwood floors in the living room, kitchen with island, and dining area. Living room has a gas fireplace and sliders that takes you to the huge deck with ocean views. Another slider from the dining area also leads to the same deck. Kitchen has granite counter tops, stainless steel appliances with gas cooking. Extra wide and long hallway with hardwood floors leads to the 4 bedrooms, hall bath and laundry room. All bedrooms are carpeted and nicely furnished with ample sleeping arrangements. The master bedroom has it\'s own private bath with a linen closet, vanity sink & shower/tub. Backyard has concrete patio for your BBQ fun and there is also enclosed hot and cold shower for each unit. There are two garages, one with 1 parking and other with 3 parking spots; there are also 2 spots on the driveway, a total of 6 off street parking spaces. There are two huge storage rooms (one for each unit) for all your beach gear, bicycles and more. Central air, gas heat, ceiling fans in all bedrooms and living rooms, very low common area maintenance, indoor carpeted stairs to the units and lot of closet and storage space. This beach house gives you everything you might be looking for in a shore property. Great opportunity to invest or use for yourself in a great location at the shore. Top floor has ocean views from inside the unit as well. Rental income for 2014 ($65,000), 2015 ($69,000), 2016 ($68,800), 2017($68,900) and 2018 ($71,000). Fire and flood insurance total is $3,215/year. For summer of 2019, the lower unit is booked for 3 weeks ($7,350) and 2 weekend ($1,900) and upper unit is booked for 1 week ($2,500) and 1 weekend ($900), so you already have income in place. Both units and common area are metered separately for electric and both units have separate gas and water meters and hence condo conversion is possible.

Property 2

247 Burk, Wildwood

  • 0

  • 0.0

  • $639900

Location! Location!! Location!!! Turn Key 2013 built first floor unit near the Wildwood Convention Center.. Meticulously cared and maintained by the owners while renting to vacationers during the season and enjoying in the off season throughout the year. Selling fully furnished with great summer rental history with repeat clients. Rental income is approximately $30,000-34,000 gross each year from 2014-2018 and is one short block from the beach & boardwalk. This first floor large luxury unit has an open floor plan with hardwood floors in the living room, kitchen with island, and dining area. Living room has a gas fireplace and sliders that takes you to the huge covered deck where you enjoy ocean breeze. Another slider from the dining area also leads to the same deck. Kitchen has granite counter tops, stainless steel appliances with gas cooking. Extra wide and long hallway with hardwood floors leads to the 4 bedrooms, hall bath and laundry room. All bedrooms are carpeted and nicely furnished with ample sleeping arrangements. The master bedroom has it\'s own private bath with a linen closet, vanity sink & shower/tub. Backyard has a concrete patio for your BBQ fun and there is also enclosed hot and cold shower for each unit. Garage has 3 parking spots; there are also 1 space on the driveway, a total of 4 off street parking spaces. Central air, gas heat, ceiling fans in all bedrooms and living room, very little common area maintenance, indoor carpeted stairs to each units and lot of closet space. This condo gives you everything you might be looking for in a shore property. Great opportunity to invest or use for yourself in a great location at the shore. For summer of 2019, this unit unit is booked for 3 weeks ($7,350) and 2 weekends ($1,900), so you already have income in place. Also listed as duplex; see MLS # 184373. Taxes will be assessed on the condo unit after the condo conversion. Current taxes of the duplex is $10,811.31.

Property 2

247 Burk, Wildwood

  • 4

  • 2.0

  • $324900

Location! Location!! Location!!! Turn Key 2013 built top floor unit with OCEAN VIEW near the Wildwood Convention Center. Meticulously cared and maintained by the owners while renting to vacationers during the season and enjoying in the off season throughout the year. Selling fully furnished with great summer rental history with repeat clients. Rental income is approximately $30,000-34,000 gross each year from 2014-2018 and is one short block from the beach & boardwalk. This top floor large luxury unit has an open floor plan with hardwood floors in the living area, kitchen with island, dining area and higher ceilings. Living room has a gas fireplace and sliders that takes you to the huge deck with ocean views. Another slider from the dining area also leads to the same deck. Kitchen has granite counter tops, stainless steel appliances with gas cooking. Extra wide and long hallway with hardwood floors leads to the 4 bedrooms, hall bath and laundry room. All bedrooms are carpeted and nicely furnished with ample sleeping arrangements. The master bedroom has it\'s own private bath with a linen closet, vanity sink & shower/tub. Backyard has a concrete patio for your BBQ fun and there is also enclosed hot and cold shower for each unit. Garage has 1 parking spot; there are also 1 space on the driveway, a total of 2 off street parking spaces. There is a large storage room for all your beach gear, bicycles and more. Central air, gas heat, ceiling fans in all bedrooms and living room, very little common area maintenance, indoor carpeted stairs to each units and lot of closet and storage space. This condo gives you everything you might be looking for in a shore property. Great opportunity to invest or use for yourself in a great location at the shore. For summer of 2019, this unit is already booked for 1 week at $2,500 and 1 weekend at $900, so you already have income in place. Sellers will initiate the condo conversion process when at least one (or both) purchase agreement(s) is(are) in place for individual units. Also listed as duplex; see MLS # 184373. Taxes will be assessed on the condo unit after the condo conversion. Current taxes of the duplex is $10,811.31.

Property 2

247 Burk, Wildwood

  • 4

  • 2.0

  • $324999