Courtesy of Carlo Drogo, EXP Realty, LLC nj.broker@exprealty.net
Property Description
*** Group Investor Tour Wednesday 9/4/24 at 1pm SHARP! *** PRICE IMPROVEMENT ON THIS AMAZING OPPORTUNITY! *** Discover a prime investment opportunity in Atlantic City’s vibrant Casino district! This mixed-use apartment building offers a fantastic chance to own a piece of this bustling area. The property includes nine one-bedroom apartments and two storefronts, with eight of the eleven units fully renovated. Two apartments are currently rented at $1,350 on a month-to-month basis. The remaining units, previously used as Airbnbs, are renovated and furnished. The building features a comprehensive security camera system covering both the interior and exterior. Each unit is equipped with separate gas and electric meters. The building is serviced by one main heating boiler system and two water heaters. Don’t miss out on this real estate jackpot – call today for details and to be notified of a planned upcoming investor group tour!
Open House
Property Details and Features
-
Basement
- Partial
-
Bathrooms
- 9 total bathrooms
- 8 bathrooms on all upper levels
- 9 full bathrooms
- 1 full bathroom on main level
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Bedrooms
- 8 bedrooms on upper levels
- 9 bedrooms
- 1 bedroom on main level
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Building
- 6,795 sqft living area
- 6,795 sqft above grade (finished)
- Built in 1930
- Major renovation in 2024
- 3 levels
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Cooling
- None
- None
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Accessibility Features
- 2+ Access Exits
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Floors
- Luxury Vinyl Plank
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Water Features
- Water Body Type: Ocean
- Water Oriented
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Heating
- Natural Gas
- Radiator
-
Laundry
- None
-
Listing
- 87 days on market
- $132 per sqft
- Concession In Price: N
-
Location
- Municipality: ATLANTIC CITY
- County: Atlantic
- MLS Area: Atlantic City (20102)
- Subdivision: None Available
-
Lot
- 3,045 sqft
- Lot Size Dimensions: 35.00 x 87.00
- 0.07 acres
-
Property
- Other Structures: Above Grade
-
Roof
- Flat
-
Schools
- School District: ATLANTIC CITY SCHOOLS
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Sewer
- Public Sewer
-
Taxes
- City/Town Tax Pymnt Freq: Annually
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $15,243
- Tax Year: 2023
-
Utilities
- Hot Water: Natural Gas
Property Map
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This content last updated on September 19, 2024 7:02AM.