2809 Fairmount Ave Atlantic City, NJ $ 399,000
2809 Fairmount Ave
$ 399,000
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2809 Fairmount Ave

Atlantic City, NJ, 08401
$ 399,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,787

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Multi-Family Home for sale in Atlantic City, NJ

for $399,000 with 5 bedrooms.

Introducing a one-of-a-kind duplex with breathtaking views of the Bay of Atlantic City! Enjoy a great income stream from this fully occupied property, strategically nestled in a central location close to highways, beaches, and the vibrant activities on the island. This property boasts two distinct units – a cozy two-bedroom apartment and a spacious three-bedroom apartment. The second-floor unit elevates living to a new level with a charming porch, the perfect spot to unwind and soak in the panoramic bay views. Both units are occupied by wonderful tenants who are up-to-date on rent, contributing $1275.00 and $1475.00 respectively. A lucrative investment opportunity awaits with reliable rental income of $33,000 a year! Situated street to street, convenience is key with street parking available both in front and behind the property. The location is unmatched - located in close proximity to the vibrant activities that Atlantic City has to offer and also close to Ventnor & Margate.

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Multi-Family Active

Price

$ 399,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

581916

Features
Exterior
Exterior Aluminum Masonry/Block
Lot 5
Lot Dimensions 25X80
Separate Meters Electric Gas Heat Sewer Water
Storms/Screens Combination Screens
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General
Water Public
Sewer Public Sewer
Heating Gas-Natural
Appliances Dishwasher Dryer Gas Stove Refrigerator Washer
Status Active Active
Other Rooms Eat In Kitchen Great Room Kitchen
Water Heater Electric Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2022
Garage None
Waterfront No
Area Atlantic City
Location See Remarks
Taxes 6787
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Interior
# of Units 2
# of 2 Bedroom Units 1
# of 3 Bedroom Units 1
Air Conditioning Wall Units
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* Excluded Features
List By
Farley And Ferry Realty, Inc

Broker

Affordability Calculator

$2,787
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,787
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2024$399,000 -1.48% Price Down
2/6/2024$405,000 Listed Price

Map


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2809 Fairmount Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $399,000. 2809 Fairmount Ave has 5 bedrooms and 0.0 baths. The property's zip code is 08401 which is in Atlantic City, NJ