Skip To Content

    12 N Iowa

    Atlantic City, NJ 08401
    • $636,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 552302
    UPDATED: 48 min ago
    $636,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    The Atlantic City real estate market is HOT and this is a turn key investors dream. 7 units, 1, two-bedroom and 6, one-bedroom units all totally rehabbed down to stud in 2016. New plumbing, electric, roofing, siding and with all new fiberglass decks. Each unit has its own entrance with no common hallways. All units have separate electric heat, electric hot water, and electric stove, all on separate meters that tenant pays, no gas. Total Rents $66,000. Total Expense $16,600. Profit without repairs $49,400. Call for showing instructions. Apt 1, 1 bedroom $825, Apt 2, 1 Bedroom $700, Apt 3, 1 Bedroom $800 Apt 4, 2 Bedroom $900, Apt 5, 1 Bedroom $800, Apt 6, 1 Bedroom $825 Apt 7, 1 Bedroom $650.

    Monthly Payment Calculator



    © 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-08-01T14:49:50.013.
    www.oceancitynewjerseyhomes.com/homes/118696116
    Print Image

    12 N Iowa Atlantic City, NJ 08401

    • Price: $636,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 552302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1930
    Built
    Neighborhood:
    Atlantic City
    County:
    Atlantic
    Area:
    Atlantic City
    Property Description
    The Atlantic City real estate market is HOT and this is a turn key investors dream. 7 units, 1, two-bedroom and 6, one-bedroom units all totally rehabbed down to stud in 2016. New plumbing, electric, roofing, siding and with all new fiberglass decks. Each unit has its own entrance with no common hallways. All units have separate electric heat, electric hot water, and electric stove, all on separate meters that tenant pays, no gas. Total Rents $66,000. Total Expense $16,600. Profit without repairs $49,400. Call for showing instructions. Apt 1, 1 bedroom $825, Apt 2, 1 Bedroom $700, Apt 3, 1 Bedroom $800 Apt 4, 2 Bedroom $900, Apt 5, 1 Bedroom $800, Apt 6, 1 Bedroom $825 Apt 7, 1 Bedroom $650.
    Exterior Features

    Driveway Concrete Garage None Location Boardwalk Area Lot Dimensions 50X60 Outside Features DeckPatioPorch Parking Off Site Parking Siding Exterior Vinyl Storms Screens Screens

    Interior Features

    Air Conditioning Wall Units Appliances Electric StoveRefrigerator Basement FinishedFullHeatedOutside Entrance Heating Electric Water Heater Electric

    Property Features

    Age Range 25+ Years Approved Short Sale N/A Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units New Construction No Number Of1 Bedroom Units 6 Number Of2 Bedroom Units 1 Rental Information 100 Percent OccupancyLease RequiredYearly Sale Or Rent For Sale Separate Meters Cable TvElectric Sewer Public Sewer Suitable For Multi Family + Rooms Tax Year 2020 Taxes 8300 Water Public

    Listing information © 2021 South Jersey Shore Regional MLS.
    Listing provided courtesy of Grace Properties.


    © 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-08-01T14:49:50.013.
     
    https://bt-photos.global.ssl.fastly.net/sjersey/orig_boomver_1_552302-2.jpg https://bt-photos.global.ssl.fastly.net/sjersey/orig_boomver_1_552302-2.jpg https://bt-photos.global.ssl.fastly.net/sjersey/orig_boomver_1_552302-2.jpg
    Logo
    The Cheryl Huber Team
    109 34th St
    Ocean City NJ, 08226