431 E 19th Avenue $115,000

BEACH BLOCK CONDO WITH POOL IN NORTH WILDWOOD! Don't miss your chance to affordably own a condo at the desirable Malibu Condominiums! According to the Seller, this unit has a history of generating net rental income in the range of $7,200, after management and condo fees are deducted. It is a highly desirable unit due to its location - situated so close to the beach and boards, and near great restaurants and fun activities - you'll love the location! The condo offers a spacious living room, dining area and galley style kitchen with range and microwave and full size refrigerator, a nice size bedroom with two double beds and a full bath with tub. There is A/C for summer comfort and this wall unit also has a heat setting to take the chill off those cooler shoulder season nights - the unit is only 3 years old. With the sleeper sofa in the living room, the condo can easily accommodates six people. It is in a great central location within the complex with a direct pool view. On-site amenities include a pool, BBQ area, sundeck, game room, wifi, one car parking and laundry facilities. The condo association offers on-site management and great rental program with maid service for tenants. The management fee is 24% of the income - very reasonable. The building is seasonal and is open from April until October, weather permitting. The condo fee is $258/month and is paid quarterly and covers the cost of the common area insurances for flood, fire and liability, water and sewer. The unit is being sold furnished, less personals.

This listing is provided courtesy by LEES REAL ESTATE