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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 581325
Sold Date 08/29/24
Bedrooms 7
Year Built 1920
Annual Tax Amount $7,486
Tax Year 2024
Property Description
Investor Alert - Double Digit Cap Rate around 13% at full ask!! Income and Expenses Available to qualified buyers. Seven Unit Bldg one block to the Beach and Boardwalk! Solid Brick Construction and water views! Covered front porch and fenced in back patio. Located close to Tropicana, Tanger Outlets, Convetion Center, Ballys, Ceasers, and Boardwalk Hall. Being Sold As-Is, buyers responsible for their own Sales CO. All leases are in place and have rental COs. Brand new Fire Escape, and Just Passed the 5 year DCA Inspection! Income and Expenses available to qualified buyers.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Boardwalk Area,Water View
Interior
Heating Baseboard, Electric
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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