206 E Glenwood Ave
Property Description
Incredible investment opportunity located on the desirable 200 East block of Glenwood Ave, just two short blocks from the beautiful Wildwood Beaches and Boardwalk. This multi-family property features four separate units, presenting a strong opportunity for investors seeking a multi-unit asset in a high-demand shore market. The units have been condo-approved, offering flexibility for future resale or individual unit disposition. One of the four units has already been updated, allowing for immediate rental or the option to sell as a standalone condo. The detached cottage is fully separate from the main building and includes its own utilities, adding further flexibility for leasing or resale strategies. Three of the four units offer value-add potential through updates, giving investors the opportunity to enhance returns over time. This prime location offers direct access to sand, surf, dining, and entertainment, making it highly desirable for both annual and seasonal tenants.
Broker Details
eXp Realty, LLC (866) 201-6210
MLS ID: 15892 State License Number: 1433112
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $750,000 |
| No. of Units: | 4 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $187,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 4 |
ID: 3yd-SJSRMLSNJ-612606
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