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2511 Pacific

Atlantic City, NJ 08401
  • $485,000
  • STATUS: Closed
  • ON SITE: 240 Days
  • MLS #: 581325
Sold - 08/29/2024
$485,000
SOLD - 08/29/2024
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Investor Alert - Double Digit Cap Rate around 13% at full ask!! Income and Expenses Available to qualified buyers. Seven Unit Bldg one block to the Beach and Boardwalk! Solid Brick Construction and water views! Covered front porch and fenced in back patio. Located close to Tropicana, Tanger Outlets, Convetion Center, Ballys, Ceasers, and Boardwalk Hall. Being Sold As-Is, buyers responsible for their own Sales CO. All leases are in place and have rental COs. Brand new Fire Escape, and Just Passed the 5 year DCA Inspection! Income and Expenses available to qualified buyers.

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© 2024 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 2024-09-14T23:50:09.11.
www.oceancitynewjerseyhomes.com/homes/146741521
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2511 Pacific Atlantic City, NJ 08401

  • Price: $579,000
  • Status: Closed
  • On Site: 240 Days
  • Updated: 217 min ago
  • MLS #: 581325
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
Investor Alert - Double Digit Cap Rate around 13% at full ask!! Income and Expenses Available to qualified buyers. Seven Unit Bldg one block to the Beach and Boardwalk! Solid Brick Construction and water views! Covered front porch and fenced in back patio. Located close to Tropicana, Tanger Outlets, Convetion Center, Ballys, Ceasers, and Boardwalk Hall. Being Sold As-Is, buyers responsible for their own Sales CO. All leases are in place and have rental COs. Brand new Fire Escape, and Just Passed the 5 year DCA Inspection! Income and Expenses available to qualified buyers.
Exterior Features

Garage None Location Boardwalk AreaWater View Lot Dimensions 19x90 Outside Features CurbsFenced YardPorchSidewalks Parking Three or More Cars Siding Exterior Brick Waterfront YN No

Interior Features

Appliances Gas StoveRefrigeratorSelf Cleaning Oven Heating BaseboardElectric

Property Features

Adult Community /55+ No Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Estate YN No Lot Number 26 May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units Number Of1 Bedroom Units 6 Number Of3 Bedroom Units 1 Rental Information 100 Percent OccupancyYearly Sale Or Rent For Sale Separate Meters Electric Sewer Public Sewer Tax Year 2024 Taxes 7486 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of WEICHERT REALTORS ASBURY GROUP-AC: .


© 2024 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 2024-09-14T23:50:09.11.
 
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