115-117 W Poplar Avenue, Wildwood
Property Description
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 & Amenities
- 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
- Gas Natural
- Electric
- Radiator
- Multi-Zoned
- Electric
- Ceiling Fan
- Wall Air Conditioning
- Electric
- City
- Conventional
- Other Financing
- Parking Pad
- 3 Car
- Assigned Parking
- Concrete Driveway
- Shared Driveway
- Patio
- Deck
- Enclosed/Cov. Patio
- Porch
- Fenced Yard
- Outside Shower