406 E Magnolia Avenue, Wildwood NJ

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406 E Magnolia Avenue, Wildwood, NJ - Sold

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Sold Price: $920,000 | Sold Date: 03/16/2026

Bedrooms: 14 Bathrooms: 6

Half Baths: 6

Type: Other

DOM: 510 Days

PROPERTY DESCRIPTION

Located in the Wildwood redevelopment zone with endless possibilities for investment and tax incentives as well. This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!

FEATURES & AMENITIES

Patio
Porch
Security Camera
Heating:No Heating
Conventional
Heater:Gas
Cooling:Wall Air Conditioning

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Let Mashura Group be your buyer agent for this listing. Listing is provided by SEA ISLE REALTY. 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 are subject to change, withdrawal, or prior sale.

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