129 S Kingston Ave Atlantic City, NJ
$ 699,000
Property Attributes
  • MLS#518903
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style11 - 20 Units
  • Price$ 699,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Property Description

Very unique Chelsea Beach Block Property, located just 12 blocks to the New Stockton University campus on the boardwalk. This property has a one 3 bedroom apt, plus one 1 bedroom apt. There a 10 individual rooms most with private baths. This property has a lobby, kitchen and room that can be used as a lounge on the main floor. Possible use as housing for students or Vacation Rental By Owner. or continue to operate as it is now. Based on the list price and its current income and expenses the property can provide a 12% CAP rate return on investment. Showing will require 24 -36 hours notice as all units and rooms are occupied. The listing agent will a company on all showings. Upon request to qualified buyers rent roles and expenses are available. Property being sold AS Is

Price History
3/11/2019 Listed $699,000

General Features

Listing Area Atlantic City
Listing Status Active
Status UnderContract-Cont toShow
Status Detail 3
Type 11 - 20 Units
Year Built 1920

Interior Features

# of 1 Bedroom Units 1
# of 3 Bedroom Units 1
# of Units 12
Efficiency Units 10
Heating Electric, Gas-Natural, Oil, Tank Above Ground
Other Rooms Den/TV Room, Eat In Kitchen, Laundry/Utility Rm
Water Heater Gas

Exterior Features

Garage None
Lot Dimensions 39 X 82
Outside Features Beach Access, Boardwalk Access
Sewer Public Sewer
Water Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08401

AVG $380K
AVG 32
Year Built
AVG 1919
AVG 76
Data Provided by Walkscore ® not using MLS data

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