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441 N New Jersey

Atlantic City, NJ 08401
  • $255,000
  • STATUS: Active Under Contract
  • ON SITE: 238 Days
  • MLS #: 575364
Under Contract
UPDATED: 52 min ago
$255,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

14% Double Digit Cap-Rate Property based on 2023 FMR!! 30% Cap on AirBnB Estimates!!!!!! Bungalow Park Detached LEGAL Duplex - Prime location for AirBnB or even an Owner Occupant who wants to live in the unpstairs vacant 3bdrm unit! No HOA Fees & Super Low Taxes!! Main features of the house include real hard wood flooring, a large covered front porch, extra wide sidewalks, plenty of street parking, a shared driveway, one car attached garage, and a large fenced in backyard. Ground floor two bedrom is currently rented at $725.00 a month, tenant seems willing to move. Being sold as-is, Buyer resonsible for their own CO or any other certs. Income and Expense Pro-Forma and Estimated AirBnB Pro-Forma available to qualified buyers. What makes this property so profitable to landlords is its prime location, smack down in the middle of the Bungalow Park Neighborhood, surounded by the Borgata, Harrahs, Golden Nugget, Farleys Marina, Absecon Lighthouse, Little Water Distillery, Seed Brewery, Ocean Resort, ShowBoat, the New Waterpark, Hardrock & Steel Pier, Resorts & Margaritaville, AC Aquarium, AC Bar and Grill, Tony Bolognes, Gardners Basin, Back Bay Ale House, Gilchrest, Fishing Jettys & Peirs, Inkwell Beach, and of course the Beach and World Famous Boardwalk!!! Cash, Hard Money, or conventional Financing only, no FHA. Buy it with a few of your bitcoins, or contact us about private financing starting as low as 10%. There are no rental or pet restrictions, No HOA Fees, No Parking Fees, Buy now and start making tons of cash on sites like VRBO and Airbnb, or use this as your private Shore Town getaway for your family and friends and enjoy the best amenities that Atlantic City has to offer!!

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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 2024-02-20T23:50:23.693.
www.oceancitynewjerseyhomes.com/homes/140978644
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441 N New Jersey Atlantic City, NJ 08401

  • Price: $255,000
  • Status: Active Under Contract
  • On Site: 238 Days
  • Updated: 52 min ago
  • MLS #: 575364
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
14% Double Digit Cap-Rate Property based on 2023 FMR!! 30% Cap on AirBnB Estimates!!!!!! Bungalow Park Detached LEGAL Duplex - Prime location for AirBnB or even an Owner Occupant who wants to live in the unpstairs vacant 3bdrm unit! No HOA Fees & Super Low Taxes!! Main features of the house include real hard wood flooring, a large covered front porch, extra wide sidewalks, plenty of street parking, a shared driveway, one car attached garage, and a large fenced in backyard. Ground floor two bedrom is currently rented at $725.00 a month, tenant seems willing to move. Being sold as-is, Buyer resonsible for their own CO or any other certs. Income and Expense Pro-Forma and Estimated AirBnB Pro-Forma available to qualified buyers. What makes this property so profitable to landlords is its prime location, smack down in the middle of the Bungalow Park Neighborhood, surounded by the Borgata, Harrahs, Golden Nugget, Farleys Marina, Absecon Lighthouse, Little Water Distillery, Seed Brewery, Ocean Resort, ShowBoat, the New Waterpark, Hardrock & Steel Pier, Resorts & Margaritaville, AC Aquarium, AC Bar and Grill, Tony Bolognes, Gardners Basin, Back Bay Ale House, Gilchrest, Fishing Jettys & Peirs, Inkwell Beach, and of course the Beach and World Famous Boardwalk!!! Cash, Hard Money, or conventional Financing only, no FHA. Buy it with a few of your bitcoins, or contact us about private financing starting as low as 10%. There are no rental or pet restrictions, No HOA Fees, No Parking Fees, Buy now and start making tons of cash on sites like VRBO and Airbnb, or use this as your private Shore Town getaway for your family and friends and enjoy the best amenities that Atlantic City has to offer!!
Exterior Features

Driveway ConcreteShared Garage Attached GarageOne Car Location Boardwalk Area Lot Dimensions 30x100 Outside Features CurbsFenced YardPorchSidewalks Parking Three or More Cars Siding Exterior BrickVinyl Waterfront YN No

Interior Features

Air Conditioning Ceiling Fan(s) Appliances DryerElectric StoveRefrigeratorSelf Cleaning OvenWasher Heating Gas-NaturalRadiator Water Heater Tankless-gas

Property Features

Adult Community /55+ No Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Estate YN No May Be Subject To Third Party Approval Short Sale No Multifamily Type Duplex Number Of2 Bedroom Units 1 Number Of3 Bedroom Units 1 Sale Or Rent For Sale Separate Meters ElectricGas Sewer Public Sewer Tax Year 2023 Taxes 2449 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 2024-02-20T23:50:23.693.
 
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