238 E Leaming Avenue, Wildwood, NJ 08260
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
238 E Leaming Avenue,Wildwood, NJ 08260
$1,097,777
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brian reed
Office: long & foster real estate, inc nwnj
MLS#:260215
Source:NJ_CMCAR
Price summary
- Price:$1,097,777
About this home
Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few Blocks to Wildwood Crest. There are 2 Buildings that Make up this 6 Unit Complex. The Front Building is 4 Units with 2 on the Upper floor that enjoy Ocean Views and 2 on the First Floor. The apartments are bright and airy. Each feature 2 bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the 2 houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach and an outdoor shower. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condo Docs, Surveys and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. 2024 the property grossed $104,000 with very little effort or Marketing. The $25,000/unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another 10k/unit. Properly run, this property should see north of $200k/year....
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Home facts
- Year built:1920
- Listing ID #:260215
- Added:193 day(s) ago
- Updated:August 08, 2026 at 02:15 PM
Rooms and interior
- Dining Description:Dining Area
- Kitchen Description:Kitchen
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Wall Air Conditioning
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1920
- Exterior Features:Deck, Enclosed/Covered Patio, Outside Shower, Patio, Porch, Storage Building
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$1,097,777
- Tax amount:$9,797
Features and amenities
- Laundry features:Laundry/Utility Room
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