$ 895,000
23-25 S Kentucky Ave Atlantic City, NJ 08401
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$ 895,000
Est. payment | /mo
$ 895,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 11 - 20 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 588317
Year Built 1930
Annual Tax Amount $16,150
Tax Year 2023
Property Description
*** Group Investor Tour Wednesday 9/4/24 at 1pm SHARP! *** PRICE IMPROVEMENT ON THIS AMAZING OPPORTUNITY! *** Discover a prime investment opportunity in Atlantic City's vibrant Casino district! This mixed-use apartment building offers a fantastic chance to own a piece of this bustling area. The property includes nine one-bedroom apartments and two storefronts, with eight of the eleven units fully renovated. Two apartments are currently rented at $1,350 on a month-to-month basis. The remaining units, previously used as Airbnbs, are renovated and furnished. The building features a comprehensive security camera system covering both the interior and exterior. Each unit is equipped with separate gas and electric meters. The building is serviced by one main heating boiler system and two water heaters. Don't miss out on this real estate jackpot - call today for details and to be notified of a planned upcoming investor group tour!
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Interior
Heating Gas-Natural, Radiator
Exterior
Garage None
Waterfront No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by eXp Realty - Montclair
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Angela Desch
Broker & Area Leader | Lic# 0226655