2704 Atlantic Avenue

Wildwood, NJ
$ 799,900 Beds 14 Baths 5.5
Monthly Estimate* How much can I afford?

Presenting .... "The Ultra"! This is a very unique offering for an investor who truly understands the value of a one of a kind and beautifully maintained opportunity. Spanning four stories, the main attraction of this stunner is an 8 bedroom, 3.5 bath residence which comprises the 2nd, 3rd and 4th levels, sleeping a total of 30 people. Included is a large foyer, living room area, kitchen with two ranges, two refrigerators, two microwaves and a dishwasher to easily accommodate the cooking and eating needs of large groups, and a spacious dining area. The rooms throughout are a nice size, and there are two gas fireplaces. You will surely appreciate the many architectural and period details such a gorgeous fireplace, moldings, incredible extra wide wood front door, wood trim, and so much more. All baths are full tile for easy care. This unit has gas hot water and window A/C units for summer comfort. The carpets were new in 2019. There is also a laundry room available. The owner currently rents this unit for $5,000/week in the summer. The first floor has two 3 bedroom, 1 bath apartments that rent each summer season for $16,000 each including utilities, and they are already rented for the 2021 season - a buyer would need to honor those rentals. The exterior of this property is completely wrapped in vinyl siding, and it is super clean. There is a workshop on premises, built in security cameras including night vision, decks galore for maximum outdoor living enjoyment, and a huge garage with loft for all of your storage needs. There are 3 electric meters and 1 gas meter. Enjoy TEN CAR PARKING (YES, 10 CARS!) and a huge yard which begs for a pool - what an amazing addition that would be to round off this incredible property, and elevate the enjoyment and potential rental income to the stratosphere! The possibilities are truly endless - you could rent all three units for maximum income - the seller generates over $80,000/year currently - or just rent the first floor units for $32,000/income each year to help cover the expenses, and enjoy the main home for your vacation home - great for multiple buyers to go in on together! Vacant and ready to be shown, call today!

Multi-Family

  • Price
  • $ 799,900
  • Lot Size
  • Bedrooms
  • 14
  • Full Bathrooms
  • 5
  • Year Built
  • 1932
  • Half Bathrooms
  • 1
  • City, Zip
  • Wildwood
  • Taxes
  • 11466
  • County
  • CAPE MAY
  • Style
  • Triplex
  • Area
  • Wildwood
  • MLS#
  • 203393
  • Zip
  • 08260
Listing Provided by: LEES REAL ESTATE

Features

General

Cooling Wall Air Conditioning
Exterior Features Cable TV, Deck, Patio, Porch, Sidewalks, Storage Building
Parking 1 Car, 2 Car, 3 Car, Concrete Driveway
Type Triplex
Water City
Zoning R-3

Interior Features

Basement Crawl Space

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2020 Listed $799,900

Property vs Zip Code Average in 08260

Price
AVG $470K
$800K
Taxes
AVG $6,254
$11,466
Year Built
AVG 1929
1932
Walkscore
AVG 74
76
Data Provided by Walkscore ® not using MLS data

Map

2704 Atlantic Avenue Wildwood, NJ is a Single Family Home for sale at $799900 and a lot size of Acre(s). 2704 Atlantic Avenue Wildwood has 14 bedrooms, 5 baths and was built in 1932. The property's zip code is 08260 which is in Wildwood, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.