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Key Details
Sold Price $825,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,795 sqft
Price per Sqft $121
Subdivision None Available
MLS Listing ID NJAC2012896
Sold Date 11/29/24
Style Other
Bedrooms 9
Full Baths 9
HOA Y/N N
Abv Grd Liv Area 6,795
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $15,243
Tax Year 2023
Lot Size 3,045 Sqft
Acres 0.07
Lot Dimensions 35.00 x 87.00
Property Description
*** Group Investor Tour Wednesday 9/4/24 at 1pm SHARP! *** PRICE IMPROVEMENT ON THIS AMAZING OPPORTUNITY! *** Discover a prime investment opportunity in Atlantic City's vibrant Casino district! This mixed-use apartment building offers a fantastic chance to own a piece of this bustling area. The property includes nine one-bedroom apartments and two storefronts, with eight of the eleven units fully renovated. Two apartments are currently rented at $1,350 on a month-to-month basis. The remaining units, previously used as Airbnbs, are renovated and furnished. The building features a comprehensive security camera system covering both the interior and exterior. Each unit is equipped with separate gas and electric meters. The building is serviced by one main heating boiler system and two water heaters. Don't miss out on this real estate jackpot - call today for details and to be notified of a planned upcoming investor group tour!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning KAR
Rooms
Other Rooms Commercial/Retail Space
Basement Partial
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Flooring Luxury Vinyl Plank
Furnishings Partially
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Garage N
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Senior Community No
Tax ID 02-00151-00019
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Private
Horse Property N
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with Joseph Colella • EXP Realty, LLC
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "