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Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type 21 - 50 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 547311
Sold Date 07/30/21
Bedrooms 14
Year Built 1900
Annual Tax Amount $12,550
Tax Year 2019
Property Description
Calling all investors! 26 units in 2 buildings included in this sale. See tax records for 02-00056-0000-00055 & 02-00056-0000-00056. Walking distance to the beach, AC boardwalk, Casinos, fine dining and shopping. New Siding, all new windows, new electrical system, all new plumbing lines for water & gas. New hot water heater & new gas heater. New Roof in 2017. New long lasting stucco/water sealer for the entire exterior of the building completed in 2019. New fire sprinkler system, all units hard wired for smoke detectors. All units furnished and have TV, microwave & refrigerator. This property has passed inspections and is approved to operate as a rooming house as per the Casino Reinvestment Development Authority. ( CRDA) The CRDA listed this property as priority in the top 5 in the city! It can be sold and still operate as a rooming house as per the CRDA. All plans for guest house submitted and approved by the AC building department. Complete set of signed, sealed blue prints available upon request.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Interior
Heating Forced Air, Gas-Natural
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485