125 E Taylor Ave
Wildwood, NJ 08260

6 Bd   4 Ba   — Sqft
If you are looking for a well maintained, versatile, money making property you have just found it. This property located just a short distance to the boardwalk and beach has three units which includes a two story main home, a rear lower level apartment, and a separate rear cottage. The owner currently resides in the main unit which consists of a lower level covered front porch, a second floor deck, a formal entrance foyer, Large living room, dining area, modern kitchen, a master bedroom, two additional guest bedrooms, plus a bonus guest bedroom or use as an enclosed rear porch. Central air, gas heat, furnished, full appliance package, with everything in impeccable condition. This main home would get about $2200 a week to rent or about $2000 to $2500 a month to rent all year round. The second unit is a rear apartment on the first level with a covered porch, large living room, large kitchen, two bedrooms, and a full bath. The cottage in the rear has a full modern kitchen, Living room, dining area, a full bedroom, full bath and laundry area. All the units are have been remodeled, are in excellent condition, and both the rear unit and cottage are rented year round at $1000 per month each plus utilities. The home has a large driveway that will allow 4 cars, has a large patio area in the rear with outside tables, chairs, and grilling area. Imagine living in the main unit, or using during the summer, and continuing to rent the other two. The income of $24,000 would cover just about your entire mortgage if not all. Or, rent all three and have this be a money maker for you. Or, Use the units for a large or extended family. This is a turn key opportunity with the property coming fully furnished and in excellent condition. Imagine owning a piece of the shore close to the beach, boardwalk, shopping, and with so many options. All this for under $400,000. You will find this to be one of the most attractive multi-family properties around, and not one that requires work and updating. Additional costs would include your utilities (water/sewer, gas, electric, and cable) plus your insurances flood and fire/liability. The current tenants pay $1000 each plus utilities. This is for the first floor apartment and cottage. The main home utilities are about $4000 a year and total insurances for all units to include flood, fire and liability are about $7200. Call to see this fabulous opportunity.
  • Zipcode: 08260
  • Days on Movoto: 110
  • Year Built:
  • HOA: $0 HOA
  • $/Sqft:
  • Lot: 4,000 Sqft
  • Property Type: Multi Family
  • MLS#: 171118
  • MLS:
  • Listing Office: LONG & FOSTER REAL ESTATE, INC av
  • Listed By: Michael Mavromates
  • Movoto last checked Cape May County MLS for new data 3 hours ago
  • Cape May County MLS last updated this listing 7 months ago
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Property History

Status
Date
Price
Sold In-House
Oct 21, 2016
$379,000
#171119
Sold In-House
Oct 21, 2016
$379,000
Under Contract
Aug 25, 2016
#171118
Under Contract
Jul 30, 2016
Listed
Jul 2, 2016
$399,900
#171119
Listed
Jul 2, 2016
$399,900
#171118

Public Record

Single Family Residential
3,999 Sqft Lot Size
1930 Year Built
Frame Construction Type

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YOU
ARE
HERE
125 E Taylor Ave
  • $379,000
  • Sold

    110 days

  • 6 Bd
  • 4 Ba
  • —/Sqft
  • 4,000 Sqft Lot
  • Built —
As of today, there are 732 properties listed for sale in ZIP code 08260 and 233 properties listed for sale in the city of Wildwood, NJ. This property at 125 E Taylor Ave in 08260 was last listed for $379,000. This is 61% above the current $234,900 median price for Wildwood and 27% above the median of $297,500 for 08260. Of the 233 properties for sale in Wildwood, 75 are single family homes and 158 are condos. 125 E Taylor Ave is a multi family home that is approximately — Sqft, 100% below the Wildwood median of 1,400 and 100% below the 08260 ZIP code median of 1,340. The price per Sqft was — which is 100% below the current median price in 08260 of $271 and 100% below the Wildwood median of $178 per Sqft.

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Get to Know Wildwood

This 6-bedroom, 4-bathroom multi family house is located at 125 E Taylor Ave. It was last listed. 125 E Taylor Ave is located in the Wildwood City Board Of Education School District. The closest school is Wildwood High School.

125 E Taylor Ave, Wildwood NJ, 08260 was on the market for 110 days. The median days on the market for properties in this area is 111 with a median list price of $234,900 and median cost per square foot of $178. Its current status is sold under the MLS #171118.

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