$375,000
$449,900
16.6%For more information regarding the value of a property, please contact us for a free consultation.
2,064 SqFt
SOLD DATE : 04/21/2023
Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $181
MLS Listing ID NJAC2006582
Sold Date 04/21/23
Style Side-by-Side
Abv Grd Liv Area 2,064
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,234
Tax Year 2022
Lot Size 1,311 Sqft
Acres 0.03
Lot Dimensions 18.75 x 70.00
Property Description
Investment, investment, Investment......Here is your chance to become the owner of a duplex in the center of the action in AC. This duplex is used both as a long term rental as well as an active AIRBNB. The upper unit has 4 bedroom allowing larger gatherings to book for higher returns on the short term market. The lower used now has one bedroom and can rent long term for $1,000 to $1,200 monthly. Many renovations have been completed this year and is turnkey ready. A cap rate of 11 -12 is a real potential for this property.
Property is located near the Ocean Casino and walking distance to both the Famous AC Boardwalk as well as the new $100,000,000 plus indoor waterpark now under construction at the Showboat. Expect this AIRBNB to become even more popular once the waterpark opens.
Book your showing today!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning RS-C
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00077-00036
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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