
Description
Calling all investors! Excellent Investment opportunity in Atlantic City across from All Wars Memorial park in the University District, close to the gateway of AC, Ventnor & Margate, close to the casinos and more! 100% occupied income producing property with a gross yearly income of $82,200. Traditional Brick Building 4 units in the main building - 3 spacious units upstairs with 3 bedrooms, 2 full bathrooms with large & bright living room and dining room - all 3 units have washer/dryer in the unit and the top unit 3 has been recently renovated! In the main building there is a 1 bedroom, 1 bathroom garden level apartment. And the 5th unit of the property, the "cottage" is located in the rear - which is a 1 bedroom, 1 bathroom unit with updates throughout. All meters are separate except gas in the main building. Income and expense report is enclosed! The property sold in as is where is condition and the buyer is responsible to all municipal certificates. DCA license, state inspection and fire inspection is up to date. At least 48 hours notice required to show the fully occupied units.
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School Ratings & Info
Description
Calling all investors! Excellent Investment opportunity in Atlantic City across from All Wars Memorial park in the University District, close to the gateway of AC, Ventnor & Margate, close to the casinos and more! 100% occupied income producing property with a gross yearly income of $82,200. Traditional Brick Building 4 units in the main building - 3 spacious units upstairs with 3 bedrooms, 2 full bathrooms with large & bright living room and dining room - all 3 units have washer/dryer in the unit and the top unit 3 has been recently renovated! In the main building there is a 1 bedroom, 1 bathroom garden level apartment. And the 5th unit of the property, the "cottage" is located in the rear - which is a 1 bedroom, 1 bathroom unit with updates throughout. All meters are separate except gas in the main building. Income and expense report is enclosed! The property sold in as is where is condition and the buyer is responsible to all municipal certificates. DCA license, state inspection and fire inspection is up to date. At least 48 hours notice required to show the fully occupied units.
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