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$ 90,000
9 Baths
3,920 Sqft Lot
$ 90,000
9 Baths
3,920 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 604588
Style Comm. w/Apartments,Hotel,Motel
Year Built 1960
Annual Tax Amount $8,588
Tax Year 2025
Lot Size 3,920 Sqft
Property 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. The current set up will generate over $130,000 per season, demonstrating the property's exceptional earning power. Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore's most desirable locations. 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 you're 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. Lease Purchase is also an option seller will consider .
Location
State NJ
County Cape May
Community Wildwood
Area Wildwood City
Location Details Business District
Rooms
Basement Slab
Interior
Interior Features Living Space Available, Restroom
Heating No Heating
Flooring Carpet-Partial, Linoleum/Vinyl, Other (See Remarks)
Exterior
Exterior Feature Security Light/System
Parking Features None
Roof Type Asphalt,Pitched
Building
Story 2
Sewer Public Sewer
Water Public
Listed by KELLER WILLIAMS REALTY-WASHINGTON TWP
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