6600 New Jersey Avenue Sold | $600,000

Rare opportunity with this YEAR-ROUND 5-unit Multi Family complex in desirable Wildwood Crest. Ideally situated just 3 blocks from the FREE Wildwood Crest beaches and just 1 bock from the Bay. This property features 1 (2) bedroom 1 bath owner quarters, plus 4 (1) bedroom 1 bath units. All 5 units are heated and the 4 (1) bedroom units are rented to stabile year-round tenants totaling $3260 month. Most of the units have been updated recently including new flooring, kitchenettes etc. The long-time owners are looking to retire and pass the torch to someone new. Terrific opportunity to utilize the owners' quarters on a full time or part time basis or can also be rented for additional income. Features include outside shower and off-street parking for up to 4 cars. Front portion of roof just replaced in June 2021. On-site property manager occupies one of the 1-bedroom units at a reduced rate for peace of mind when owners aren’t present. Sold fully furnished all units. Although no major repairs appear to be needed, property being conveyed “as is”.

This listing is provided courtesy of Rio Realty