Price Reduction
Address
715 N Michigan Ave Atlantic City, NJ
Price
$ 98,400
Property Attributes
  • MLS#529416
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • StyleDuplex
  • Price$ 98,400
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
WEICHERT REALTORS ASBURY GROUP-AC
Data Source:
South Jersey Shore Regional MLS
Property Description

INVESTOR ALERT - Purchase for about 2 BITCOINS! - 16%+ Cap Rate on this Turn Key Money Making fully rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor just renovated for new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Beach and the Worlds most famous Boardwalk! Can be purchased together with a similar Duplex at 1036 N. Ohio (MLS # 529414) and make it package deal for the perfect addition to any investors Real Estate Portfolio. Double Digit cap rates, positive cash flow, low taxes, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly!! Hablo Espanol.

Price History
4/10/2021 Listed $99,400
5/11/2021 2% - $98,400

General Features

Basement Slab
Class MULTI-FAMILY
Garage None
Heating Baseboard, Electric
Listing Area Atlantic City
Location Boardwalk Area
Sewer Public Sewer
Status Active
Status Active
Tax Year 2021
Taxes 4201
Type Duplex
Water Public
Water Heater Gas

Interior Features

# of 2 Bedroom Units 2
# of Units 2
Air Conditioning Window Units

Exterior Features

Exterior Brick, Vinyl
Lot Dimensions 16 x 90
Outside Features Curbs, Sidewalks
Separate Meters Cable TV, Electric, Gas
Storms/Screens Insulated Glass

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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

Price
AVG $360K
$100K
Visits
AVG 37
20
Walkscore
AVG 80
70
Data Provided by Walkscore ® not using MLS data

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