2406 Central Avenue $1,250,000

2406 Central Avenue is the quintessential marriage of classic Victorian charm, mixed with modern elegance and design. This beautiful North Wildwood Central Avenue staple was originally built in 1900 and has commanded the attention of anyone who passes ever since. After taking part in Beach front Bargain Hunt Renovations 5-6 years ago, this home has benefitted from substantial updates and modernization while preserving every bit of its Victorian roots along the way. The renovations and updates are as follows to name a few: New Electrical, multi-zoned HVAC, plumbing, insulation, bathrooms, kitchen, appliances, rear deck, front porch and windows. In addition to these, the current owners have continued to improve this masterpiece with new interior paint throughout the home, new garbage disposal, smart locks and thermostats, smart cameras and exterior lighting, updated furnishings, televisions and grill. This amazing home boats 5 bedrooms among three stories with 3.5 baths on the main level. In addition to this, there is an in-law quarters that offers two beautiful bedrooms, a full bathroom and kitchen with two exterior entrances for ease of access to the rear yard and front porch/main entrance. This home has so much to offer for the large family, investment-based buyers and or any other type of ownership imaginable. The main 5 bedroom home and the first level in-law quarters are able and have been rented and show impressive income to the tune of $95,000 annualized GRI. It is investors dream with the benefit of personal usage as the new owners see fit. The home is centrally located within walking distance to Wildwood staples including Morey's Piers and the famous Wildwood boardwalk, Seaport Pier and all of the amazing restaurants and events that this incredible beach community provide its residents and guests. Summer nights are magical in this location with perfect views of the Wildwood Friday night Fireworks and incredible access to the barefoot country music festival and events happening at the Wildwoods Convention Center. The options are endless! The sellers are participating in a 1031 tax deferred exchange. There are inquiries and potential bookings available for the 2024 season if interested. Do not hesitate to see this incredible opportunity, as the last time this hit the market it was under contract in just hours and sold for well above asking price with multiple offers going to best and final.

This listing is provided courtesy of LONG & FOSTER REAL ESTATE, INC av