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4701 Arctic Avenue, Wildwood, NJ 08260

$1,250,000

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Sold Price: $1,250,000
List Price: $1,250,000
Closing Date: Jan 14, 2026
MLS#: 252454
Year Built: 1940
Region: Wildwood
City: Wildwood

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Property Description

Fabulous corner property boasts a 100 x 103 lot. There are 2 buildings with a total of 9 apartments (16 bedrooms). The house in front is a 4Plex, the rear one-story building has 5 units. For a total of (1) 3 BR / 2BA, (5) 2 BR / 1BA, (3) 1BR / 1BA. Fully Rented with Leases and long term tenants. Rents are current, CAP rate 6.9%. Some rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!

609-281-5296

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Additional Information

Dom: 146
Taxes: $13,228
Cooling: Wall Air Conditioning
Heating: Gas Natural, Electric
Exterior Features: Patio, Porch, Fenced Yard
Sewer: City
Water: City