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Turn-Key Rooming House Investment

209 E Spencer Ave Wildwood, NJ 08260

209 E Spencer Ave, Wildwood, NJ, 08260
Contact for pricing
For Sale
Contact for pricing
Pending

Fully occupied rooming house with 19 updated bedrooms plus a separate furnished 2-bedroom cottage with its own utilities.

Days on Market104

Property Features for 209 E Spencer Ave

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency Christine Ecker
Listed by Christine Ecker · License #NJ
Source Crexi
Added: Apr 11 Updated: Jul 22 at 9:59AM Checked: Jul 22 at 9:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christine Ecker


Investment Insights

Based on property information with market context.

This turn-key rooming house is fully occupied and offered furnished and ready to go. The main building features 19 updated bedrooms, newly updated baths, granite kitchens, and refreshed dining rooms and living rooms, along with new interior finishes including fresh paint and new carpet in every bedroom. The property also includes a renovated, separate owner or property manager’s quarters with its own kitchen and private bath on the main floor.

In addition to the main building, there is a bonus separate cottage with 2 bedrooms and 1 bath. The cottage has its own electric meter and a brand-new heating system.

Improvements and systems updates include a new roof in 2013, new windows, updated electric, and new on-demand hot water for the main building. The property also has brand-new, separate heating systems for both the main building and the cottage. The address is 209 E Spencer Ave, Wildwood, NJ 08260.

Key Highlights

  • Fully occupied rooming house with 19 updated bedrooms in the main building
  • Includes a separate furnished 2‑bedroom, 1‑bath cottage with its own electric meter
  • Main building updates include new granite kitchens and updated dining and living rooms

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Daycare Center Skin Care Clinic Veterinary Clinic Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store Fish Market Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied rooming house with 19 updated bedrooms plus a separate furnished 2-bedroom cottage with its own utilities.
Where is this apartment building located?
The property is located at 209 E Spencer Ave Wildwood, NJ.
What are key features of this property?
This property features: Fully occupied rooming house with 19 updated bedrooms in the main building; Includes a separate furnished 2‑bedroom, 1‑bath cottage with its own electric meter; Main building updates include new granite kitchens and updated dining and living rooms
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