Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property, it's a meaningful equity building opportunity ready to be unlocked. Home being conveyed in "As Is" condition.
|
DAYS ON MARKET
|
68
|
LAST UPDATED
|
11/29/2025
|
|
YEAR BUILT
|
1930
|
COMMUNITY
|
West Wildwood Boro (20513)
|
|
COUNTY
|
CAPE MAY
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| School District |
WILDWOOD CITY SCHOOLS |
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| AREA |
West Wildwood Boro (20513) |
| CONSTRUCTION |
Other |
| HEAT |
Forced Air, Natural Gas |
| LOT |
3049 sq ft |
| PARKING |
Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
3934 |
| WATER |
Public |
| WATER ACCESS |
Grassy Sound |
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