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206 E Glenwood Ave , Wildwood, NJ 08260
$750,000
Est. Payment: $4,050.01/mo
7 Bed
4 Bath
3600 Sqft
0.07 Acres
Status: active | Days on site: 28
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EXPREAL1 - 3365637,3190455
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

ATTENTION INVESTORS, DEVELOPERS & FIX-AND-FLIPPERS! RARE 4-UNIT CONDO CONVERSION OPPORTUNITY just two blocks from the Wildwood Beaches & Boardwalk! Tremendous investment with condo approval already in place and Master Deed completed! Renovate and resell individual condos, fix and flip, or hold as an income-producing investment. Featuring 4 units. UNIT BREAKDOWN & RENTAL INCOME: Unit 1 (First Floor): 2BR/1BA – $1,900/month (occupied); Unit 2 (Second Floor): 3BR/1BA – $2,100/month (vacant, estimated rent); Unit 3 (Third Floor): 5BR/1BA – $2,250/month (occupied); Unit 4 (Detached Cottage): 2BR/1BA – $1,600/month (vacant, estimated rent). CURRENT RENTAL INCOME: $4,150/MONTH | PROJECTED RENTAL INCOME: $7,850/MONTH or $94,200 ANNUALLY! One unit has already been updated. Seller reports separate gas, electric, and water meters for all units. An opportunity with multiple investment and resale strategies!
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Highlights

Listed by Nicole Klein , 2158726288 and Jeffrey L Quintin , 6092460374 EXP Realty, LLC , 8662016210. Bright MLS

Property Type

Multi-Family
Lot/Acreage
0.07

Year Built

1920

County

Cape May

Area

Wildwood City (20514)

 School District

Wildwood City Schools

Listing ID

NJCM2008216

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:3600
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:35.00 x 90.00
Zoning:R2
Others:
  • ▪ Additional:Average
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$4,050
Taxes
$595

Home Price

$750,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,050.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,050.01 $595.17 $0.00 $4,645.18
Yearly $48,600.10 $7,142.00 $0.00 $55,742.10
Total $1,458,003.09 $214,260.00 $0.00 $1,672,263.09
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wildwood, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS