For Sale: 308, Unit B - 2nd Magnolia, Wildwood, NJ 08260 | MLS# 178489

Here is the Investment Opportunity that you've been…

4 Beds
2 Baths

For Sale: 308, Unit B - 2nd Magnolia, Wildwood, NJ 08260 | MLS# 178489

Here is the Investment Opportunity that you’ve been waiting for!  Four bedroom beach block condominiums with pools are in short supply in Wildwood.  There is a SUPER STRONG year-over-year rental history here.  Rent AND cover your expenses AND use it yourself too!  This 4 Bedroom Condominium is set up to sleep 10 using the upper “loft” level room as a 4th bedroom.  It is less than one block from Beach/Boards/Ride Piers.  Enjoy TWO Private Decks, Ocean and Pool Views, and the LARGE HEATED POOL!  All the most requested amenities are here.  This is a “family only” rental building, strictly enforced.  This is a Fabulous Turn-Key Opportunity in a well managed building with a financially sound condominium association.  All owners are current with dues and there are healthy reserves.  This unit will be transferred fully furnished with very few exceptions.  It is well equipped with a private garage storage room, two reserved garage parking spaces, an outdoor hot/cold shower, association maintained gas grills, and a large heated pool.  Central air is new - was replaced in 2017.  Act on this one now to collect your rent for the 2018 summer season. The rental income for 2017 was $38,000, and has been very consistent over the years.  The owner will share all contact information with his many repeat long term renters with a new owner.    Schedule your private showing today!


Listing information courtesy of DON MARTIN REALTY, INC.

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  • Price: 339,745
  • MLS Number: 178489
  • Outside Features: Deck/Porch, Cable TV, Outside Shower, Pool
  • Parking: Garage, 2 Car, Attached, Assigned Parking, Concrete Driveway, Shared Driveway
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Loft
  • Interior Features: Cathedral Ceiling
  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Also Included: Shades, Blinds, Furniture
  • Heating: Gas Natural, Forced Air
  • Cooling: Central Air, Ceiling Fan
  • Hot Water: Gas
  • Water: City
  • Sewer: City
  • Location: Water View
  • Taxes: 6427.89
  • Lot Number: 24
  • Block Number: 228