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Atlantic City,NJ 08401
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $256
Subdivision Atlantic City
MLS Listing ID NJAC2012292
Style A-Frame
Abv Grd Liv Area 3,900
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $9,625
Tax Year 2023
Lot Size 2,400 Sqft
Acres 0.06
Lot Dimensions 32.00 x 75.00
Property Description
Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year...OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment!
Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms...A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Central
Exterior
Waterfront N
Water Access N
View Ocean
Roof Type Shingle
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00204-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard