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206 E Glenwood Avenue

Wildwood, NJ 08260
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Bed 12

Bed

Bath 0

Bath

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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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 91694993

MLS Id : 262856

Beds : 12

Tax Amount : $7,142

Year Built : 1920

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Feature Features

  • Bedroom Information

    Total beds: 12
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric

  • Building Information

    Year Built: 1920 Patio And Porch Features: Deck Private Pool: No

  • Listing Price Information

    Listing Price: $750000

  • Tax Information

    Tax Lot: 3.03 Tax Year: 2025 Annual Tax: $7142

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
306 E Poplar Avenue, Wildwood, NJ, 08260 $1,249,000 6 -- -- --
132 W Juniper Avenue, Wildwood, NJ, 08260 $695,000 6 -- -- --
109 W Maple Avenue, Wildwood, NJ, 08260 $1,200,000 5 -- 2,144 0.06 Acre
109 W Maple Avenue, Wildwood, NJ, 08260 $1,200,000 5 -- -- --
211-13 W Wildwood Avenue, Wildwood, NJ, 08260 $1,295,000 -- -- -- --
238-240 W Wildwood Avenue, Wildwood, NJ, 08260 $749,900 10 -- -- --
217-221 E Burk Avenue, Wildwood, NJ, 08260 $2,295,000 17 -- 6,000 0.18 Acre
218 E Taylor Avenue, Wildwood, NJ, 08260 $1,599,999 -- -- -- --
523 W Maple Avenue, Wildwood, NJ, 08260 $799,000 5 -- 1,924 0.15 Acre
523 W Maple Ave, Wildwood, NJ, 08260 $799,000 5 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Cape May County MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Cape May County Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 10/09/2026 @ 04:22

MLS: 262856 LISTED BY: Nicole Klein, eXp REALTY 866-201-6210 SOURCE: Cape May County Association of REALTORS

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