115-117 W POPLAR Overview
- Time on Site:
- 40 days
- Visits:
- 10
Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch.roviding a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
115-117 W POPLAR Facts & Features
- Type Commercial
- Sq. ft. 6,000
- Price/Sq.ft. $308
- Lot 0.12 Acres
Details
General
Income/Expenses
- Income Includes: Apartment Rentals
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1938
Business Information
- Business Type: Apartment Building,Bed and Breakfast
Location/Region
- Country: US
- County: CAPE MAY
- County Or Parish: CAPE MAY
- MLS Area Major: Wildwood City (20514)
Parking Information
- Total Parking Spaces: 3
- Type of Parking: Driveway,Parking Lot
Tax Information
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- Tax Annual Amount: $9,779.00
- Tax Assessed Value: 317100.00
- Tax Year: 2025
General Information
- Exclusions: debris from renovations
- Inclusions: all appliances
- Property Condition: Excellent
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: WILDWOOD CITY SCHOOLS
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: R-1
Interior
Building Information
- Building Winterized: No
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 6000.00
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Ceiling Fan(s), Window Unit(s)
- Flooring: Ceramic Tile, Laminate Plank, Luxury Vinyl Plank
Exterior
Building Information
- Total Loading Docks: 0
Parking Information
- Parking Features: Private, Paved Parking
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.12
- Lot Size Dimensions: 60.00 x 90.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 5400.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Architectural Shingle, Rubber
General Information
- Number Of Units Total: 0
- Sewer: Public Sewer
- Water Access: No
115-117 W POPLAR Neighborhood
Community
08260 (Wildwood Crest) Demographics
115-117 W POPLAR Monthly Cost
115-117 W POPLAR Market Data
Based on the last 30 days in this zip code
115-117 W POPLAR History
| Date | Value | Agent |
|---|---|---|
| 5/21/2026Source: BRIGHT MLS | May 21, 2026 |
Andrew Baus Listing Agent |
Contact Information: 8562278900