206 E Glenwood Avenue
Wildwood, NJ 08260
List price
$750,000
Overview
- Other
- Heat: Electric
- Deck · Waterview
About this home
ATTENTION INVESTORS, DEVELOPERS & FIX-AND-FLIPPERS! RARE 4-UNIT CONDO CONVERSION OPPORTUNITY just two blocks from the Wildwood Beaches & Boardwalk! Tremendous investment with condo approval already in place and Master Deed completed! Renovate and resell individual condos, fix and flip, or hold as an income-producing investment. Featuring 4 units. UNIT BREAKDOWN & RENTAL INCOME: Unit 1 (First Floor): 2BR/1BA – $1,900/month (occupied); Unit 2 (Second Floor): 3BR/1BA – $2,100/month (vacant, estimated rent); Unit 3 (Third Floor): 5BR/1BA – $2,250/month (occupied); Unit 4 (Detached Cottage): 2BR/1BA – $1,600/month (vacant, estimated rent). CURRENT RENTAL INCOME: $4,150/MONTH | PROJECTED RENTAL INCOME: $7,850/MONTH or $94,200 ANNUALLY! One unit has already been updated. Seller reports separate gas, electric, and water meters for all units. An opportunity with multiple investment and resale strategies!
Features & amenities
Interior
- Living Room
- Kitchen
Exterior & Outdoor
- Deck
- Waterview
Heating & Cooling
- Electric
- Other
Construction & Utilities
- Public
Property details
Listing
- MLS #
- 262856
- Status
- Active
- Property type
- Four-Plex
- Class
- Multi-Family
- Days on market
- 36
- Showing
- Appoinment Only
- Last updated
- Oct 6, 2026
Interior
- Bedrooms
- 12
- Full baths
- 4
- Half baths
- 4
Building
- Year built
- 1920
- New construction
- No
- Heating
- Electric
- Cooling
- Other
- Hot water
- Electric
- Sewer
- Public
Lot & Location
- Lot size
- 1 to 6000 SqFt
- Lot dimensions
- 3,149
- Area
- Wildwood
- District
- 14-Wildwood City
- Block / Lot
- 218 / 3.03
Financial
- List price
- $750,000
- Annual taxes
- $7,142 (2025)
Map location not available for this property.
Listing is provided by eXp REALTY. 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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