Address
309 E Topeka Avenue, Wildwood, NJ
Price
$ 1,250,000
Property Attributes
- MLS#NJCM2003446
- TypeMulti-Family
- CountyCAPE MAY
- CityWildwood
- AreaWildwood Crest Boro
- Zip08260
- StyleTraditional
- Year Built1964
- Taxes$ 5620
- Price$ 1,250,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.07 Acres
Data Source:
Bright MLS
Property Description
Now being offered fully furnished with over 36K in rental income on the books! 309 E Topeka Ave offers an unparalled opportunity for the astute buyer. Completely updated and renovated triplex only a block and a half from the beach with ocean views. Property updates include new roof, new siding and all new windows in the entire building. Each unit enjoys new mini split heating and AC as well as new hot water heaters. Three new kitchens -showcasing new cabinets, new countertops, tile backsplashes with all new appliances. All new bathrooms, featuring upgraded tile surrounds,new tubs, vanities and toilets. All three units feature luxury vinyl plank flooring throughout. New exterior doors, handles and hinges, as well as allnew interior doors, handles and hinges. New electrical panels. The second floor unit features new, oversized fiberglass deck and vinyl railings. This specatularly renovated shore property in the perfect location offers its new owner a superb opportunity to realize top dollar in rental income.
| Price History | |
|---|---|
| 4/30/2024 | Listed $1,274,900 |
| 5/15/2024 | 2% - $1,250,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Ductless/Mini-Split |
| Possession | Settlement |
| Roof | Flat |
| Zoning | R2 |
| Architectural Style | Traditional |
| Construction Materials | Frame |
| Year Built | 1964 |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | CAPE MAY |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | E Topeka Ave |
| ModificationTimestamp | 2024-05-16T14:45:56 |
| City | WILDWOOD |
| Buyer Agent Compensation | 2 |
| Zoning Description | R2 per Realist tax records |
| Total Units | 3 |
| MLS Area | Wildwood Crest Boro (20515) |
| Lot Size Square Feet | 3202.00 |
| Tax Assessed Value | 399700.0 |
| Waterfront Y/N | No |
| Street Name | TOPEKA |
| Tax Annual Amount | 5620.0 |
| Home Warranty Y/N | No |
| Property Condition | Excellent |
| Two Bedroom | 2 |
| Structure Type | Detached |
| NumberOfUnitsVacant | 3 |
| Price Per Sq Ft Total | 554.08 |
| Vacation Rental Y/N | No |
| Total SQFT | 2256 |
| Days on Market | 17 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Furnished Units | None |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Parking Features | Concrete Driveway |
| Water Source | Public |
| Total Parking Spaces | 2 |
| Type of Parking | Off Street |
| Foundation Details | Crawl Space |
| Water View Y/N | No |
| Lot Dimensions | 40.00 x 80.00 |
| Lot Size Acres | 0.07 |
| Water Body Type | Ocean |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | Yes |
| LotDimensionsSource | Assessor |
| Off Street - # of Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 08260
Price
Taxes
Visits
Year Built
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