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Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 577846
Sold Date 04/26/24
Year Built 1920
Annual Tax Amount $10,179
Tax Year 2022
Property Description
This Southside Duplex in the desirable Lower Chelsea neighborhood is the one you've been waiting for! Less than 2 BLOCKS FROM THE BEACH and a stone's throw to many great restaurants, this home offers endless possibilities making it an ideal investment in a great location. Total of 9 bedrooms and 8 bathrooms! Live in one unit and rent out the other, split units among family and enjoy all the shore lifestyle has to offer, or continue to keep the units fully rented as an investment. Currently fully leased with good, long term tenants and bringing in a total of $4,350 per month in rent. Inquire for full income, expenses, and lease expirations. Unit 1 has four (4) bedrooms and four (4) bathrooms. The upper unit is two stories containing five (5) bedrooms and four (4) full bathrooms; this place is massive! Roof is in good condition. Separate gas powered boilers for the baseboard heat, one just installed a few years ago and the other recently serviced in good condition. Look around; this is the best buy on the market and will not last!
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Interior
Heating Baseboard, Gas-Natural, Hot Water
Exterior
Parking Features One Car
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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