Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch. Providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
FEATURES
- Patio
- Deck
- Enclosed/Cov. Patio
- Porch
- Fenced Yard
- Outside Shower
- Living Room
- Dining Room
- Kitchen
- Den/TV Room
- Dining Area
- Laundry/Utility Room
- Florida Room
- Heating:Gas Natural
- Heating:Electric
- Heating:Radiator
- Heating:Multi-Zoned
- Heater:Electric
- Conventional
- Other Financing
- Cooling:Ceiling Fan
- Cooling:Electric
- Cooling:Wall Air Conditioning
- City
REQUEST INFORMATION
115-117 W Poplar Avenue, Wildwood
For Sale: $1,850,000 / MLS: 261430

