417 E Monterey Avenue | Wildwood Crest |
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Remarks:
Rare Opportunity - Beach Block Duplex! You cannot compete with the incredible location of this property, situated just a few doors down from the stunning, white sandy beaches of Wildwood Crest! This building was renovated in recent years, and is the ideal opportunity for living in one unit while renting the other, or rent both units to generate a terrific income. Other options include sharing the property with another buyer or the property would be suitable for a condo conversion! There are endless possibilities for current and future uses, and they are rental ready. The first floor welcomes you with a front porch with ocean views. Inside is a spacious living room and eat-in kitchen with ceramic tile flooring and stainless steel appliances. These spacious units also have recessed lights and ceiling fans. With 3 bedrooms and 2 full bathrooms, plus a laundry room with washer/dryer and on demand hot water heater, this is a desirable rental unit. The second floor includes a living room with front deck offering tremendous ocean views, eat-in kitchen with washer/dryer, and 2 bedrooms with full bath. There is also a huge rear deck with plenty of room for lounging in the sun. In this unit, the living room and kitchen both have tile floors, recessed lighting and ceiling fans. Both units have gas heat and central air for year round comfort. You'll appreciate updates such as vinyl siding, newer decks with vinyl railings and clear glass panels for unobstructed views and a modern aesthetic. There is a driveway for plenty of parking, and the rear yard is concrete and offers entertaining space and / or additional parking. A storage shed, enclosed outside shower and separate meters for electric rounds out this incredible property. There are summer rentals booked in both units throughout the summer of 2025 and the total income for 2024 was about $55,000. Opportunities to own properties in a location such as this simply do not become available often - act quickly!
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* LOCATION Beach Block Inside Lot Water View
* OUTSIDE FEATURES Patio Deck Enclosed/Cov. Patio Porch Storage Building Cable TV Sidewalks Outside Shower Waterview
* PARKING 3 Car Concrete Driveway
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* OTHER ROOMS Living Room Eat In Kitchen Laundry/Utility Room Storage Space
* HEATING Gas Natural Forced Air
* ALSO INCLUDED Blinds Furniture
* BASEMENT Crawl Space
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* WATER City
* SEWER City
* COOLING Central Air Ceiling Fan
* HOT WATER Gas
* AVAILABLE Income Expense Info
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LET ATLANTIS REALTY BE YOUR BUYER AGENT FOR THIS
LISTING. LISTING IS PROVIDED BY LEES REAL ESTATE or CAPE MAY COUNTY MLS.
The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property
listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.
Disclaimer:
All information deemed reliable but not guaranteed and should be independently verified.
All properties are subject to change, withdrawal, or prior sale.
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