Address
1401 Memorial Ave Atlantic City, NJ
Price
$ 450,000
Property Attributes
  • MLS#531933
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style21 - 50 Units
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
WEICHERT REALTORS ASBURY GROUP-AC
Property Description

32% Cap Rate!! 25 Unit Rooming House with 22 licensed rooms and 3 apartments. One block to the beach and boardwalk, behind St. Nicolas Church and across from the Orange Loop Project. Close to Hardrock, Showboat, Ballys and Ceasers. Income and Expenses available upon request.

Price History
1/3/2020 Listed $600,000
6/27/2020 30% - $425,000

General Features

Class MULTI-FAMILY
Garage None
Heating Electric, Gas-Natural
Listing Area Atlantic City
Sewer Public Sewer
Status Active
Status Active
Type 21 - 50 Units
Water Public

Interior Features

# of Units 25

Exterior Features

Exterior Brick, Vinyl
Lot Dimensions 25 x 100
Outside Features Curbs, Sidewalks

Amenities

  • 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

Price
AVG $340K
$450K
Visits
AVG 40
132
Walkscore
AVG 77
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.