2301 Atlantic Avenue $78,900

Turn Key Rental Income Investment In North Wildwood. The Lollipop Motel Provides Fully Managed Rental Income. Just a Short Walk To The Beach. Building Amenities Include Heated Pool, Laundry Room, Outside Shower, Sundeck, BBQs, And Off Street Parking. Low Condo Fees Include Building Insurance, Water, Sewer, Building Maintenance, And Cable TV. Hotel Rental Management Fee Is 35% Of Gross Rentals And Included Daily Maid Service. The Seller Reports 2019 Gross Income At $13,100. Personal Use Is Restricted To One Week During The Prime Summer Season And One Week During The "Shoulder" Or Off Peak Season. The Building Is Open Approx April to October.

This listing is provided courtesy of KELLER WILLIAMS REALTY JERSEY SHORE oc