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Key Details
Sold Price $1,671,000
Property Type Multi-Family
Sub Type 11 - 20 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 546598
Sold Date 05/12/21
Bedrooms 15
Year Built 1940
Annual Tax Amount $17,489
Tax Year 2020
Property Description
*MULTIPLE OFFERS RECEIVED - NO MORE SHOWINGS * One of a kind beach block investment opportunity in the North Beach of Ventnor! 16 unit building with 15 residential rental units and 1 commercial rental unit. The building has 3 entrances, 101 S Victoria (has 6 2 bedrooms unit and 1 bedroom unit), 5308 Atlantic Ave (8 1 bedroom units) and 5310 Atlantic Ave (hair salon). The building has only 1 vacant unit which is currently marketed for rent. The fire escape is brand new, and on the 101 S Victoria side there is a new water heater installed. The mechanicals in the building are located in the basement as well as the laundry facility which is servicing the whole entire building. Income and Expense report and rent roll are available! Huge potential to invest!
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Location Details Beach Block
Rooms
Other Rooms Laundry/Utility Rm
Basement Partially Finished
Interior
Heating Gas-Natural
Exterior
Exterior Feature Stucco
Parking Features None
Building
Sewer Public Sewer
Water Public
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