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Exceptional Income-Producing Opportunity in the Heart of Wildwood! 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. The seller currently nets approximately $130,000 per season, demonstrating the property's exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. 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.
| DAYS ON MARKET | 0 | LAST UPDATED | 2/10/2026 |
|---|---|---|---|
| TRACT | WILDWOOD CITY | YEAR BUILT | 1960 |
| COMMUNITY | Wildwood City (20514) | COUNTY | CAPE MAY |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | WILDWOOD CITY SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Wildwood City (20514) |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | None |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 40.00 x 100.00 |
| PARKING | On Street, Unassigned, Paved |
| SEWER | Public Sewer |
| SUBDIVISION | WILDWOOD CITY |
| TAXES | 8588 |
| WATER | Public |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keller Williams Realty - Washington Township
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