

Property Attributes
- MLS#543737
- TypeMulti-Family
- CountyATLANTIC
- CityAtlantic City
- AreaAtlantic City
- Zip08401
- Style4 - 10 Units
- Price$ 469,000
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
BHHS FOX and ROACH-Medford
Property Description
Income producing, 100% occupied, 7-unit apartment building in Chelsea Heights (desirable location within Atlantic City), situated next to Ventnor, NJ. Tenants have been living in each apartment between 8 and 15 years. Stable rent with the ability for value add through rehab to increase monthly income. Jitney/bus stops in front of the home and the beach and boardwalk are just blocks away. 2 sets of garages available for additional income. Maintenance costs are low and taxes are assessed properly. 35k of work just done on property, including 22 windows. Property Roof - 8 years old, new roof on garages.
Price History | |
---|---|
10/20/2020 | Listed $525,000 |
11/13/2020 | 6% - $495,000 |
11/25/2020 | 6% - $469,900 |
11/30/2020 | 1% - $469,000 |
General Features
Class | MULTI-FAMILY |
---|---|
Garage | Detached Garage, Three or More Cars |
Heating | Radiator |
Listing Area | Atlantic City |
Sewer | Public Sewer |
Status | Active |
Status | Active |
Tax Year | 2019 |
Taxes | 11155 |
Type | 4 - 10 Units |
Water | Public |
Year Built | 1930 |
Interior Features
# of 1 Bedroom Units | 5 |
---|---|
# of 2 Bedroom Units | 2 |
# of Units | 7 |
Air Conditioning | Multi-Zoned, Window Units |
Exterior Features
Lot Dimensions | Unknown |
---|---|
Separate Meters | Cable TV, Electric |
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