About 209 E Spencer Ave
Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly teNewBuilding New price! This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!
Features of 209 E Spencer Ave
MLS® # | NJCM2002496 |
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Price | $1,089,900 |
Bathrooms | 0.00 |
Square Footage | 5,704 |
Acres | 0.09 |
Year Built | 1920 |
Type | Commercial Sale |
Sub-Type | Five Or More Units |
Status | Active Under Contract |
Community Information
Address | 209 E Spencer Ave |
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Area | Wildwood City (20514) |
City | WILDWOOD |
County | CAPE MAY-NJ |
State | NJ |
Municipality | WILDWOOD CITY |
Zip Code | 08260 |
Amenities
Is Waterfront | No |
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Interior
Heating | Central |
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Cooling | Window Unit(s) |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Wood |
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Roof | Shingle |
School Information
District | WILDWOOD CITY SCHOOLS |
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Additional Information
Date Listed | August 28th, 2023 |
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Days on Market | 198 |
Zoning | RESIDENTIAL |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Long & Foster Real Estate, Inc. |
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Contact Info | (609) 398-6762 |