Location
Description
Exceptional Income-Producing Opportunity in the Heart of Wildwood! available for Seasonal Rent at $90,000, offering flexibility for operators or investors evaluating multiple revenue strategies. March 15- October 15 . The current set up will allow for income over $130,000 per season, demonstrating the propertys exceptional earning power. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether youre looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood. Available for Sale or Lease purchase also .
Interior Features
- Cool System: Other (See Remarks)
- Heat System: No Heating
- Floors: Partial Carpet, Linoleum/Vinyl, Other (See Remarks)
- Interior: Living Space Available, Restroom, Security Camera
Exterior Features
- Parking: None
- Exterior: Other (See Remarks)
Additional Features
- County: Cape May County
- Unit Location: Island, Business District
- Water/Sewer: Public
- Stories: 2
- Year Built: 1960