See all 30 photos
$899,000
Est. payment /mo
9 Beds
4 Baths
New
126 W Andrews Avenue Wildwood, NJ 08260-1659
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Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 251694
Bedrooms 9
Year Built 1920
Annual Tax Amount $7,580
Tax Year 2024
Lot Dimensions 40 x 100
Property Sub-Type Four-Plex
Property Description
Don't let this golden opportunity slip through your fingers! Nestled at 126 W Andrews, in the heart of Wildwood, NJ, this exceptional four-plex is a cash-flowing powerhouse, generating ~$80,000 in annual rental income through a thriving Airbnb business with a stellar 7% CAP rate. Tailored for the savvy investor chasing a foothold in the red-hot Jersey Shore market, this property boasts a versatile unit mix: one spacious 4-bedroom unit, two flexible 2-bedroom units, and one charming 1-bedroom unit—perfectly positioned to capture the diverse demand of vacationers flocking to Wildwood's iconic boardwalk, pristine beaches, and vibrant attractions. This isn't just real estate; it's a turnkey business in one of the Northeast's most coveted coastal destinations, where seasonal surges and year-round appeal drive consistent bookings and rental growth. Opportunities like this—combining immediate profitability, a prime location, and a proven business model—are vanishing fast in today's competitive market. Act now to secure this high-yield gem before another investor claims it! Schedule your private tour today and seize your chance to own a slice of the Jersey Shore's booming rental market at 126 W Andrews. Don't wait—this deal won't last long! Note: Financials and ROI based on current performance; buyers should verify all data.
Location
State NJ
County Cape May County
Area Wildwood
Location Details Island
Rooms
Other Rooms Living Room, Kitchen, Storage Space
Interior
Hot Water Gas
Heating Gas Natural
Cooling Central Air, Wall Air Conditioning
Exterior
Exterior Feature Deck, Porch, Fenced Yard, Sidewalks, Outside Shower, Security Camera
Building
Lot Description Island
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Listed by eXp REALTY - WC