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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 90,000

3,999 Sqft Lot

Save

$ 90,000

Save

3,999 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Rent

Lot Size 3,999 Sqft

MLS Listing ID NJCM2006738

Subdivision Wildwood City

Total Units 14

Originating MLS BRIGHT

Property Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! available for seasonal rent at $90,000, offering flexibility for operators or investors evaluating multiple revenue strategies. The seller currently nets approximately $130,000 per season, demonstrating the property's exceptional earning power. Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore's most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you're looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Location

State NJ

County Cape May

Area Wildwood City (20514)

Zoning PARZ

Interior

Hot Water Natural Gas

Heating None

Cooling Window Unit(s)

Flooring Ceramic Tile, Carpet, Luxury Vinyl Plank

Inclusions All existing finishes and furnishings. Valued at $60, 000

Heat Source None

1-purchase type For Rent

Exterior

Garage Spaces 20

Waterfront N

Water Access N

Roof Type Asphalt,Pitched,Shingle

Accessibility 36\"+ wide Halls

Parking Type Off Site

Total Parking Spaces 20

Building

Lot Description Level

New Construction N

Foundation Slab

Lot Dimensions 40.00 x 100.00

Sewer Public Sewer

Water Public

Schools

School District Wildwood City Schools

Others

Tax ID 14-00172-00021

Ownership Other

Security Features Exterior Cameras,Main Entrance Lock,Smoke Detector

testyfx76

Listed by Tom Duffy • Keller Williams Realty - Washington Township

120 E SCHELLENGER AVE Wildwood, NJ 08260