Price Reduction - Water Views
Address
143 S Carolina Ave Atlantic City, NJ
Price
$ 1,800,000
Property Attributes
  • MLS#550783
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style21 - 50 Units
  • Price$ 1,800,000
  • Bedrooms27
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
WEICHERT REALTORS ASBURY GROUP-AC
Data Source:
South Jersey Shore Regional MLS
Property Description

Fully occupied 24 Unit, 4 story brick apartment building on beach block. Same grid as the beach, boardwalk, public transportation and next street from Resorts Casino. Walking distance to Hard Rock, and Ocean Resort Casino. Some of the recent repairs done on the building include a high efficient boiler, roof, stucco, steel gates, security cameras, windows, and plumbing. A planned 100 MILLION Dollar water park is approved at Showboat. This will create more jobs and increase undervalued rents resulting in an increased cap rate on this building. Atlantic City property values are on the rise. Buy now before prices go higher.

Price History
5/18/2021 Listed $1,900,000
6/7/2021 6% - $1,800,000

General Features

Appliances Electric Stove, Refrigerator
Basement 6 Ft. or More Head Room
Class MULTI-FAMILY
Garage None
Heating Gas-Natural, Radiator
Listing Area Atlantic City
Location Beach Block, Boardwalk Area, Water View
Sewer Public Sewer
Status Active
Status Active
Tax Year 2020
Taxes 23604
Type 21 - 50 Units
Water Public
Water Heater Gas
Year Built 1935

Interior Features

# of 1 Bedroom Units 15
# of 2 Bedroom Units 6
# of Units 24
Efficiency Units 3

Exterior Features

Exterior Brick
Lot Dimensions 50x76.31
Outside Features Beach Access, Boardwalk Access, Curbs, Ocean View, Recreation Area, Sidewalks
Separate Meters Electric
Storms/Screens Combination

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08401

Price
AVG $430K
$1.8M
Visits
AVG 40
28
Year Built
AVG 1914
1935
Walkscore
AVG 79
80
Data Provided by Walkscore ® not using MLS data

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