120 E Schellenger Avenue, Wildwood

$1,200,000

  • MLS #: 260299
  • Address: 120 E Schellenger Avenue, Wildwood, NJ 08260
  • Status: Active
  • SQFT: 3860
  • Lot: 0.09
  • Restrictions: PARZ

Location Location

Description 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 spaceperfect 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 valuea standout opportunity for investors seeking a high-performing property in one of the Shores most sought-after destinations. SELLER INCENTIVE!

Interior Features Interior Features
  • Cool System: Wall Air Conditioning
  • Heat System: No Heating
  • Floors: Partial Carpet, Linoleum/Vinyl
  • Interior: Living Space Available, Restroom

Exterior Features Exterior Features
  • Parking: Other (See Remarks)
  • Exterior: Other (See Remarks)

Additional Features Additional Features
  • County: Cape May County
  • Unit Location: Island, Business District
  • Water/Sewer: Public
  • Stories: 2
  • Year Built: 1960