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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 1,000,000

Est. payment -/mo

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Active

1 S DELANCY PL Atlantic City, NJ 08401

3,900 SqFt

UPDATED:

08/14/2024 07:00 PM

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

Listed by Richard M Lauletta • Real of Pennsylvania

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