312 E Glenwood Avenue, Wildwood - Sold

Sold Price: $737,550
MLS: 221990       Beds: 8       Baths: 4       Type: Duplex       DOM: 258 Days

Amazing Opportunity just over 1 block to the World Famous Wildwood Beach and Boardwalk. This Beautiful Brick Building is not only perfect for the Investor ($65-70k income potential), but is ideal for 2 families looking to purchase together. This is also the perfect property for a condo conversion. This property could sell for $400k +/Unit with the Top Floor Fetching Over $475,000. The 1st Floor is a 3 Bedroom 2 Bath Flat with Spacious Front porch, Living room, dining room, kitchen and Laundry. The 2nd floor, 5 Bedroom Townhouse's first floor is similar to the First floor, but features exposed brick in the Living Room, Dining and Bedrooms as well as and additional 3rd Floor. The 3rd Floor is currently set up as 2 Bedrooms and Bath, but is also perfect for a 2nd Living Room and Bedroom. The Owner has recently redone decks and railings. He also upgraded the heating and cooling systems by installing 10 mini splits to provide gas powered heating and cooling. Please ignore old pics of wall air conditioning. There is a Gas Boiler that is only 3 years old as well as a large detached garage type shed in the rear of the home. Please note that the rental rates are based on similar 3 and 4/5 bedroom units and your rentals may vary. Current owner is renting Downstairs between 375-475 night and upstairs between $500-$700/night via Airbnb

PROPERTY FEATURES & AMENITIES

Cable TV   Deck   Enclosed/Cov. Patio   Outside Shower   Patio   Sidewalks   Storage Building   Den/TV Room   Dining Area   Dining Room   Kitchen   Laundry/Utility Room   Living Room   Loft   Storage Space   Heat Fuel:Forced Air   Heat Fuel:Gas Natural   Water Heater:Electric   Conventional   Basement:Crawl Space   Cooling:Central Air   Cooling:Gas   City

PROPERTY MAP VIEW

Last Database Update: 03/20/2023 10:45:23

Request Property Information - 312 E Glenwood Avenue, Wildwood 8 Bedroom(s)   |   4 Bathroom(s)   |    Sold Price: $737,550   |   MLS Number: 221990   |   Property Type: Duplex Provided by: The DiPeso Group - www.dipesogroup.com (Information Above Will Appear At The Top Of The Email That Is Sent to The DiPeso Group)

Let THE DIPESO GROUP be your buyer for this listing. LISTING IS PROVIDED BY LONG & FOSTER REAL ESTATE, INC av. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.