$475,000
$499,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
3,428 SqFt
SOLD DATE : 04/26/2024
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,428 sqft
Price per Sqft $138
MLS Listing ID NJAC2009806
Sold Date 04/26/24
Style Other
Abv Grd Liv Area 3,428
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $9,607
Tax Year 2023
Lot Size 3,149 Sqft
Acres 0.07
Lot Dimensions 42.00 x 75.00
Property Description
This Southside Duplex in the desirable Lower Chelsea neighborhood is the one you've been waiting for! Just under two blocks from the beach and a stone's throw to many great restaurants, this home offers endless possibilities making it an ideal investment in a great location. Live in one unit and rent out the other, split units among family and enjoy all the shore lifestyle has to offer, or continue to keep the units fully rented as an investment. Currently fully leased with good, long term tenants and bringing in a total of $4,350 per month in rent. Inquire for full income, expenses, and lease expirations. Unit 1 has two (2) bedrooms and two (2) bathrooms with a basement apartment containing an additional two (2) bedrooms and two (2) bathrooms. The upper unit is two stories containing five (5) bedrooms and four (4) full bathrooms; this place is massive! Roof is in good condition. Separate gas powered boilers for the baseboard heat, one just installed a few years ago and the other recently serviced in good condition. Look around; this is the best buy on the market and will not last! Being sold as-is.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-2
Interior
Hot Water Natural Gas, Multi-tank
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry, Covered Parking, Basement Garage
Garage Spaces 2.0
Water Access N
Accessibility 2+ Access Exits
Attached Garage 1
Total Parking Spaces 2
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Richmond Avenue School
Middle Schools Richmond Avenue School
School District Atlantic City Schools
Others
Tax ID 02-00204-00022
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MEMBER • Non Subscribing Office
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "