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206 E Glenwood Ave, Wildwood, NJ, 08260

12beds
4baths
3,600sqft
$750,000
$208price/sqft
$5,009/moest. monthly cost
$200,360/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

3/10
3/10
Wildwood Middle SchoolGrades 6-80.6 mi
2/10
Wildwood High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Other

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Parcel number: 140021800000000303
  • Zoning: R2

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 3,149 sqft
  • Lot size dimensions: 3,149