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Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 571804
Sold Date 10/18/23
Bedrooms 4
Year Built 1920
Annual Tax Amount $3,853
Tax Year 2022
Property Description
INVESTORS ALERT !!! 4 units property in Atlantic city Casinos, hospital, Walk of the beach, School, Shopping, public transport, everything is near. ! Tenants pay electric and gas, and separate electric meters . unit # 1 is vacant and other 3 unit tenant occupied property. Property is being sold "AS IS" condition. Buyer is responsible for all CO, fire certs ,land approval and repairs. Rent Breakdown as follows: 2 BR 1 bath unit rents for $1000.00 a month, $1100.00 a month for the 3 BR 1 bath unit, there are two 1 BR 1 bath units, which one rents for $800.00 a month and the other for $600.00 a month to a long time tenant. ALL leases are month to month and are below current market rent averages. So good room for new owner to increase the rental income. Home inspection use only buyer's information purpose only.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Rooms
Basement Crawl Space
Interior
Heating Gas-Natural
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
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