For Sale 4701 Arctic, Wildwood, NJ, 08260
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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
| Total Rooms | |
| Full Bath | 0 |
| # of Stories | |
| Year Build | 1940 |
| Lot Size | 10001 to 20000 SqFt |
| Tax | 13228.00 |
| SQFT |
| OutsideFeatures | Patio, Porch, Fenced Yard |
| Heating | Gas Natural, Electric |
| HotWater | Electric |
| Sewer | City |
| Bedrooms | 0 |
| Half Bath | 0 |
| # of Stories | |
| Lot Dimensions | 10,001 |
| # Units | 9 |
| Tax Year | 2024 |
| Area | Wildwood |
| OtherRooms | Living Room, Dining Room, Kitchen |
| Cooling | Wall Air Conditioning |
| Water | City |
