120 E Schellenger Avenue, Wildwood, NJ 08260

$1,375,000
3,860
SqFt

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List Price
$1,375,000
Price Change
▲ $175,000 1783109297
Days on Market
220
Status
ACTIVE
MLS#
260299
Living Area
3,860
Lot Size (Sq Ft)
3860
Year Built
1960
County
Cape May

Property Description

Are you looking for the perfect Shore Investement? This property offers exceptional income potential in only 6 months . Property could be delivered fully rented if desired . The property was renovated in 2021, this rare 14-room seasonal building blends comfort, flexibility, and strong rental appeal just steps from the beach and boardwalk. It features 14 private rental rooms, 9 full bathrooms, a shared living room, and two full kitchens in one large open space—perfect for group living, meal prep, and communal gatherings. The smart layout maximizes occupancy and creates a welcoming environment for seasonal renters, travel workers, and especially J-1 student housing, which remains in high demand in Wildwood. With potential earnings of over $130,000 per season, plus an option for seasonal rental at $90,000 (MLS 260300), this property offers multiple revenue streams. Its prime location near restaurants, nightlife, and top attractions ensures consistent demand and lasting value—a standout opportunity for investors seeking a high-performing property in one of the Shore’s most sought-after destinations. SELLER INCENTIVE!

Additional Information

Area
Wildwood
Taxes
$8,588
Stories
2
Interior Features
Living Space Available, Restroom
Flooring
Linoleum/Vinyl, Partial Carpet
Exterior Features
Security Light/System, Security Camera
Heating
No Heating
Cooling
Wall Air Conditioning
Water
Public
Sewer
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY - Washington Twp. Contact: