22 S Virginia Ave Ave Atlantic City, NJ 08401

$349,831
22 S Virginia Ave Ave, Atlantic City, NJ 08401
505603

Multi-Family Home for sale in Atlantic City, NJ

for $349,831. The lot size is 22 x 97.

Property Information

  • $349,831
  • Multi-Family
  • Other / Unknown
  • Active
  • Lot size of 22 x 97
  • Atlantic City, NJ
  • Downtown Atlantic City Neighborhood
  • Atlantic County
  • MLS/Web ID is 505603

Description

Look no further this is Atlantic City's Winning location! A great investment opportunity that won't last long. Located just a half block from the NEW Multi-Million dollar Hard Rock Casino, Gas station, and Car wash. 22 Virginia Ave is zoned for mixed use, with over 2, 000 sq ft of Commercial/Retail space on the first floor, a gated upstairs residential property with six bedroom and two baths. All utilities have been separated and additional floors could easily be added. There is a municipal parking lot two doors away with a Bank and Rite Aid on the adjacent corners less than a block away. With the promise of world-class entertainment steps away combined with the city's commitment to recovery, this location has limitless development opportunities. Weather you're considering a conversion to a profitable 'airbnb', professional offices, or a more traditional approach, this property is in the heart of the CRDA's Tourism district and qualifies for special financial and grant opportunities. By the way, did I tell you this property is located just 4 buildings from the new Hard Rock Hotel & Casino, 2 blocks from the beautiful Atlantic City beaches, minutes away from one of the world's largest ferris wheels, and steps away from the Jitney, Bus, and Train Shuttle stops. If I must, 22 S. Virginia is all about the; Location, Location, Location. Please contact me for further details and showing appointments; Anthony Pint (24hr Notice Please)

Interior 3

Heating System

  • Baseboard
  • Forced Air
  • Gas
  • Oil
  • Zoned

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Community Amenities

  • Boardwalk

Separate Utilities

  • Electric Meters
  • Gas

† Excluded Feature

Listed By

Broker: RE/MAX PREFERRED - MARLTON

22 S Virginia Ave Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $349,831 with a lot size of 22 x 97. 22 S Virginia Ave Ave has 0.0 baths. The property's zip code is 08401 which is in Atlantic City, NJ

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Pricing History

Date Price Price Change Description
7/19/2018 $349,831 -12.51 % Price Change
6/13/2018 $399,831 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $361,146 3 % above $199,000 43 % below
Multi-family listings in Atlantic City $431,132 23 % above $250,000 29 % below
Sold listings in Atlantic City $92,825 73 % below $74,500 79 % below

Get the facts about Atlantic City, NJ!

Population 37,943
Population Growth (since 2000) -6 %
Median Income $29,904
Median Age 37.54
Households w/ Children 30 %

Residential Dwellings

  • Owned 4410
  • Vacant 3887
  • Rented 10541

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363