307 Atlantic Ave Atlantic City, NJ $ 1,375,000
307 Atlantic Ave
$ 1,375,000
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307 Atlantic Ave

Atlantic City, NJ, 08401
$ 1,375,000
Bedrooms Baths0.0

Monthly Estimate*

$ 6,557

How much can I afford?
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Multi-Family Home for sale in Atlantic City, NJ

for $1,375,000. The lot size is 39 x 100.

EVERYTHING IS NEW IN THIS BLDG!!!! Fully renovated 12 unit apt bldg, NO EXPENSE SPARED!! Features six 1bdrms and six 2bdrm newly renovated apts. Without a doubt the nicest multi unit bldg for sale in the city. Owner spent the past several years gutting it to the bare bricks before starting the renovations. We have a photo album & CD with Videos of the work being done along the way, all income and expenses have been verified, lead base paint, elevation cert, etc are all available to qualified buyers. The location is in ideal walking distance to Beach and Boardwalk, Hard Rock & Ocean Resort Casino, The Showboat, Absecon Lighthouse, Historic Gardner's Basin, Atlantic City Aquarium, & the Inlet. Price includes new parking area behind building currently under way, and all public transportation is available out front of the building. Everythig is new on this building, it has new roof, windows, front facade, PVC fence, sidewalks, fire escape, 3/4 CDX sub floor, sheetrock, mold resistant drywall, framing, insulation, smart vents, flooring, tile, kitchens, bath, appliances, water heaters, fire monitering system, Comcast Main & Verizon Terminal, tubs, sinks, garbage disposal, gas lines, water lines, sewer lines, drain lines, plumbing, electric (13 Meters, 100amp each apt), and utilities. EVERYTHING ALL NEW!! Collect rents with no ongoing repairs, low taxes & flood ins. 9 Units allready rented out!! 10.5% CAP if fully rented, Perfect for 1031 tax exchange or investment property.

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Multi-Family Active

Price

$ 1,375,000

Property Type

Multi-Family

Style

Multi Units

Lot Size

39 x 100

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

521024

Features
Room Sizes
Laundry Room
Interior
Appliances Disposal Dryer Gas Stove Oven (Self-Cleaning) Refrigerator Washer
Basement Crawl Space
Heating System Baseboard Electric Hot Water Heater: Electric
Sewer Public Sewer
Water Source Public Water
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Exterior
Driveway Gravel/Crushed Stone Driveway
Garage None
Land Improvements Curbs Sidewalks
Parking Parking Pad(s)
Separate Utilities Cable TV Gas Heat Hot Water
Siding Brick Stucco Exterior
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Miscellaneous
Location Boardwalk
Utilities Electric
View Water View
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Rental
Lease Terms Yearly
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* Excluded Features
List By
Gerard Barker

Listing Agent

Atlantic City - Weichert, Realtors® - The Asbury Group

Broker

Affordability Calculator

$6,557
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,557
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 3.99% 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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Nearby
Pricing History
DatePricePrice ChangeDescription
9/17/2019$1,375,000 5.77% Price Up
9/12/2019$1,300,000 Listed Price

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307 Atlantic Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $1,375,000 with a lot size of 39 x 100. 307 Atlantic Ave has 0.0 baths. The property's zip code is 08401 which is in Atlantic City, NJ