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    143 S Carolina

    Atlantic City, NJ 08401
    • $1,800,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 550783
    Price Reduced
    UPDATED: 17 min ago
    $1,800,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Ratings & Info

    Description

    Fully occupied 24 Unit, 4 story brick apartment building on beach block. Same grid as the beach, boardwalk, public transportation and next street from Resorts Casino. Walking distance to Hard Rock, and Ocean Resort Casino. Some of the recent repairs done on the building include a high efficient boiler, roof, stucco, steel gates, security cameras, windows, and plumbing. A planned 100 MILLION Dollar water park is approved at Showboat. This will create more jobs and increase undervalued rents resulting in an increased cap rate on this building. Atlantic City property values are on the rise. Buy now before prices go higher.

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    © 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 2021-06-16T11:49:54.73.
    www.oceancitynewjerseyhomes.com/homes/117340433
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    143 S Carolina Atlantic City, NJ 08401

    • Price: $1,800,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 550783
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1935
    Built
    Neighborhood:
    Atlantic City
    County:
    Atlantic
    Area:
    Atlantic City
    Property Description
    Fully occupied 24 Unit, 4 story brick apartment building on beach block. Same grid as the beach, boardwalk, public transportation and next street from Resorts Casino. Walking distance to Hard Rock, and Ocean Resort Casino. Some of the recent repairs done on the building include a high efficient boiler, roof, stucco, steel gates, security cameras, windows, and plumbing. A planned 100 MILLION Dollar water park is approved at Showboat. This will create more jobs and increase undervalued rents resulting in an increased cap rate on this building. Atlantic City property values are on the rise. Buy now before prices go higher.
    Exterior Features

    Garage None Location Beach BlockBoardwalk AreaWater View Lot Dimensions 50X76.31 Outside Features Beach AccessBoardwalk AccessCurbsOcean ViewRecreation AreaSidewalks Parking None Siding Exterior Brick Storms Screens Combination

    Interior Features

    Appliances Electric StoveRefrigerator Basement 6 Ft. Or More Head Room Heating Gas-NaturalRadiator Water Heater Gas

    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 21 - 50 Units New Construction No Number Of Efficiency Units 3 Number Of1 Bedroom Units 15 Number Of2 Bedroom Units 6 Rental Information Lease RequiredSecurity DepositYearly Sale Or Rent For Sale Separate Meters Electric Sewer Public Sewer Suitable For Multi Family + Rooms Tax Year 2020 Taxes 23604 Water Public

    Listing information © 2021 South Jersey Shore Regional MLS.
    Listing provided courtesy of Weichert Realtors Asbury Group-Ac.


    © 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 2021-06-16T11:49:54.73.
     
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    The Cheryl Huber Team
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    Ocean City NJ, 08226