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238 E Leaming Avenue, Wildwood
For Sale: $1,097,777
( UNDER CONTRACT
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MLS: 260215 |
Type: Other | Taxes: 9797 | Lot: 40x100
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.
- Patio
- Deck
- Enclosed/Cov. Patio
- Porch
- Storage Building
- Cable TV
- Sidewalks
- Outside Shower
- Living Room
- Kitchen
- Dining Area
- Laundry/Utility Room
- Heating:Electric
- Heating:Baseboard
- Heater:Gas
- Cooling:Wall Air Conditioning
- City
PROPERTY LOCATION / MAP
Last Database Update: 04/15/2026 07:45:13
Let a sales associate at DiAntonio Group be the buyer agent for this listing. Listing is provided by . The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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| "After owning and operating our motel for 40 years, deciding to sell was one of the biggest decisions we've ever made. Fred is un-matched within the commercial real estate industry. Just speaking with Fred, you can clearly distinguish the difference with his experience, deep knowledge of the industry and dedication. Fred made the entire experience smooth, respectful, and even uplifting. His honesty and straightforward communication gave us complete confidence every step of the way. Most importantly, Fred knew how to get the job done- efficiently, professionally, and with our best interests always at heart. He truly understood both the emotional and financial weight of this transition and he guided us with care and integrity. We couldn't have asked for a better partner in this process and are incredibly grateful for everything he did to help us close this important chapter. We highly recommend Fred to anyone looking for an experienced, trustworthy commercial broker who genuinely cares!." ~ Annette and Debbie - Aquarius Oceanfront Inn |
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