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Key Details
Sold Price $109,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 574729
Sold Date 02/01/24
Style Converted Motel
Full Baths 1
Year Built 1970
Annual Tax Amount $2,194
Tax Year 2022
Property Description
Under Contract! Nicely maintained Furnished Studio with Awesome Direct Ocean views from several vantage points. This is a Boardwalk front Condo Building situated as close as you can get to the beach. Walk out the door and you can see and smell the Ocean. This unit had been renovated a couple years ago. Great Tenant moved in Sept, 2022, so you will have immediate income on this unit. Low Condo fees which include all Utilities and W/S. Special Assessment in place to be paid off April for the walkways in the building. All Seller settlement charges to be paid by the Buyer including, commissions and all fee/taxes, certifications and inspections. Property has a CO for rental and will not have a problem on the sale. No Repairs or remedies will be made by Seller and it is being sold "AS IS WHERE AS". Tenant occupied on MTM lease. 60 day notice required for Owner occupied buyer. 24 HR Notice required for showings. Listing agent must accompany if tenant cannot be there. No showings on Sunday. Condo Assoc has Rental restrictions effective May 2023. If the unit is sold new owner must wait 2 years before renting the unit. If the unit sold was tenant occupied and that tenant leaves, the new owner must then wait 2 years to rent. (Condo states no exceptions). Listing agent manages the current rental of condo.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Boardwalk Front,See Remarks
Interior
Heating Electric, Space/Wall/Floor
Exterior
Parking Features None
Building
Story Three to Five
Unit Location See Remarks
Sewer Public Sewer
Water Public Water
Others
Senior Community No
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