$800,000
$849,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
6,750 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,750 sqft
Price per Sqft $118
MLS Listing ID NJAC2003624
Sold Date 06/30/22
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $9,276
Tax Year 2021
Lot Size 1,329 Sqft
Acres 0.03
Lot Dimensions 16.62 x 80.00
Property Description
Attention investors, check it out at 22-24 S. Pennsylvania ave with 4 apartments and 2 commercials units to bring the cash flow to your investment portfolio. The building was totally renovated few years ago, the layout consisted with 3 apartments has 2 bedrooms and 1.5 bath and one unit with Penthouse, 3 bedroom and 2 full bath. Modern kitchen style, hardwood floor through out, central air/heat, washer and dryer in each unit. The two commercial store on the 1st floor has own HVAC unit. all 6 units features tankless gas hot water system, sperate utilities for each unit. fully occupied with cap rate almost at 9%. This is one of kind building, contemporary finished, located across from the hard rock casino. Schedule your appointment.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning CBD
Interior
Hot Water Natural Gas, Tankless
Cooling Central A/C
Flooring Hardwood, Laminated
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility 32\"+ wide Doors
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00138-00008
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non Member • Metropolitan Regional Information Systems, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "