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$ 399,000
Est. payment | /mo
5 Baths
$ 399,000
Est. payment | /mo
5 Baths
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 597549
Full Baths 5
Annual Tax Amount $3,521
Tax Year 2024
Property Sub-Type 4 - 10 Units
Property Description
This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that offer all necessary amenities nearby. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross monthly income of $4,900. Sold "AS-IS," WHERE IS. Buyer is responsible for all inspections, CO, and certifications. The Seller is not responsible for any repairs, corrections, treatments, remediation, or mitigation. The LBP addendum and rental leases have been attached to the associate's documents.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Boardwalk Area
Rooms
Basement Crawl Space
Interior
Heating Gas-Natural
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by BHHS FOX and ROACH-Northfield
MaryAnne Verfaillie
Broker-Associate, NJ & PA | License ID: NJ 9591467 - PA AB069513
+1(609) 816-1199 | team.citytotheshore@gmail.com