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    209 E Spencer

    Wildwood, NJ 08260
    • $449,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 552441
    UPDATED: 68 min ago
    $449,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    What a great opportunity! This unique property offers a main building with 19 bedrooms, 8 baths, commercial kitchen, dining rooms, living rooms. There are 3 additional separate outside showers in back. There is a bonus 2 bedroom 1 bath cottage completely separate from the main building with it's own electric meter. New owner could run a bed and breakfast with the opportunity to live in own home while still being on site. Currently this grand 1920's property is being used as summer rooming house for international students working the season in town. This situation is generating 30K in income in just a few months. New roof in 2013. Electric at property recently updated. Some new windows. Hot water heater for main building replaced 2010. Current owners have loved this adventure but are ready to turn it over to the next owner.

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    © 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-07-24T08:49:50.757.
    www.oceancitynewjerseyhomes.com/homes/118812766
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    209 E Spencer Wildwood, NJ 08260

    • Price: $449,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 552441
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Wildwood City
    County:
    Cape May
    Area:
    Wildwood City
    Property Description
    What a great opportunity! This unique property offers a main building with 19 bedrooms, 8 baths, commercial kitchen, dining rooms, living rooms. There are 3 additional separate outside showers in back. There is a bonus 2 bedroom 1 bath cottage completely separate from the main building with it's own electric meter. New owner could run a bed and breakfast with the opportunity to live in own home while still being on site. Currently this grand 1920's property is being used as summer rooming house for international students working the season in town. This situation is generating 30K in income in just a few months. New roof in 2013. Electric at property recently updated. Some new windows. Hot water heater for main building replaced 2010. Current owners have loved this adventure but are ready to turn it over to the next owner.
    Exterior Features

    Garage None Lot Dimensions 40X100 Outside Features Outside ShowerPorch Parking None

    Interior Features

    Air Conditioning Window Units Heating No HeatingNone

    Property Features

    Age Range 25+ Years Approved Short Sale N/A Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type Other Sale Or Rent For Sale Separate Meters Electric Sewer Public Sewer Tax Year 2020 Taxes 10895 Water Public

    Listing information © 2021 South Jersey Shore Regional MLS.
    Listing provided courtesy of Long And Foster Real Estate INC-Ocean City, 9th St.


    © 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-07-24T08:49:50.757.
     
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