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Coldwell Banker

James C. Otton Real Estate, Inc.



Status:Under Contract
Listing Price:$750,000.00
Listing ID:261037
Property Type:Four-Plex
Bedrooms:0
Bathrooms:0.0
Lot:3.03
Block:218
Lot Size:1 to 6000 SqFt


Additional Information

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.


Map


Features

Total Rooms Bedrooms0
Full Bath 0 Half Bath0
# of Stories Lot Dimensions3,149
Year Build 1920 # Units4
Lot Size 1 to 6000 SqFt Tax Year2025
Tax 7142.00AreaWildwood
SQFT
OutsideFeaturesDeck, WaterviewOtherRoomsLiving Room, Kitchen
HeatingElectricCoolingOther
HotWaterElectricWaterPublic
SewerPublic

Listing Courtesy of eXp REALTY.
Let Coldwell Banker James C Otton Real Estate be your buyer's agent for this listing. 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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