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:
  • $/Sqft:
  • Lot: 4,000 Sqft
  • Property Type: Multi Family
  • MLS#: 171118
  • MLS:
  • Listing Office: LONG & FOSTER REAL ESTATE, INC av
  • Listing Broker: Michael Mavromates
  • Movoto last checked Cape May County for new data 13 hours ago
  • Cape May County last updated this listing 1 month ago
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Property History for 125 E Taylor Ave, Wildwood

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

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Public Record for 125 E Taylor Avenue, Wildwood

Basic Info
Beds :
Baths :
Building Area : Sqft
Single Family Residential
Partial Baths :
Rooms :
Lot Size : 3,999 Sqft
Year Built : 1930
Last Sale Price :
Last Sale Date :
House Features
125 E Taylor Ave in ZIP code 08260 is a multi family home that was last listed for $379,000. This is 26% above the current median of $299,900 for 08260 and 66% above the current median price of $229,000 for the city of Wildwood, NJ. As of today, , there are 886 properties listed for sale in the 08260 area and 266 properties listed for sale in Wildwood. Of those 266 properties for sale, 93 are single family homes and 173 are condos. 125 E Taylor Ave is approximately — Sqft, 100% below the Wildwood median of 1,385 and 100% below the 08260 ZIP code median of 1,400. The price per square foot was — which is 100% below the current median price in 08260 of $261 and 100% below the Wildwood median of $172 per square foot.

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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 for $399,900. 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 114 with a median list price of $229,000 and median cost per square foot of $172. Its current status is sold under the MLS #171118.

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