217 E Hildreth Avenue $401,000

MONEY MAKER! This eastside multifamily property is in the southern end of Wildwood and just 2 blocks to the beach and boardwalk and one block to Wildwood Crest. There are a total of 4 units that are fully rented with year-round tenants. The first level has a studio unit and 2 one-bedroom units. Two of the units have a front covered porch. The 2nd floor has a spacious 3-bedroom, 1.5 bath unit with a front deck. The property currently generates $3730 a month. One of the tenant’s rent is slightly reduced as he takes out the garbage, cuts grass, and shovels snow, if needed. The front yard has a parking pad for 4 cars. The gazebo needs some repair due to the wind. This is a great area to spend time outdoors. Income and expenses can be supplied upon request as well as info on the solar panels. Notice is needed for showings since the units are occupied.

This listing is provided courtesy of WEICHERT REALTORS COASTAL