431 E 19 Street $145,000

The Malibu condotel in North Wildwood is the perfect affordable place to own & produce rental income at the Jersey Shore. This quiet third-floor private left corner unit is situated w/no general foot traffic in front of your door! Sleeping 4, it is the perfect efficiency size. Set up to already bring $-Rental Profit-$, for the 2023 season. Renting for $1,250 per week prime season & includes maid service. On site management takes care of all the rental paperwork w/approximately 29% fee, all you have to do is sit back and collect the checks. Leases are transferable, rent additionally as much as you want or take it off the rental program NEXT season. Take advantage of your room between rentals. The Malibu is open seasonally April - October & is individually heat & AC climate controlled to your liking. Take a dip in the large pool or lounge next to it. Utilize the BBQ grills & umbrellaed picnic tables, take advantage of the sundeck with an ocean view w/more seating & play in the large game room. Just steps to the famous Wildwood FREE beach & 2-mile-long boardwalk that has something for everyone. Restaurants, amusement piers, water parks & live entertainment. "Watch The Tram Car Please". Minutes to Stone Harbor, Avalon & Cape May. On property one car parking & laundry facilities. Condo dues cover the cost of the common area flood, fire, liability insurances, water/sewer, WiFi & cable. Please NOTE: for financing this is non-warrantable condo, also the sofa in the photos will be changed out to a similar blue double sleeper.

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