Patty Menow - Coldwell Banker Hearthside
2618 Pacific Ave
Atlantic City, NJ 08401

Description

Duplex income property for Owner User or simply for income investment portfolio. Corner Lot ! *Super location* between Tropicana Casino and Boardwalk Hall Convention Center on Pacific Ave and it's on Beach Block too.! for $369,000 only. photos attached. * RSC- Resort Commercial Zone* Three kitchens! Mother-in-law addition 2 bedrooms with one full bath $900 monthly One Single family-2 bedrooms owner user for free, 6 bedrooms with 3 full bath rental total $1900 monthly Fully finished Subbasement one family unit, 3 bedroom 1 full bath rental for $830 monthly- $1900+$900+$830 = $3,630 monthly x12=$43,560 Projected Income Yearly Expenses as followed: Sewer $ 1977 Water $ 672 Insurance $ 3,069 Electric $ 3,300 Gas $ 4,758 2017 property tax $ 4,789 total expenses about $18,565 Projected Net about $24,995

Details

MLS#511152
Sub-TypeResale
StatusActive
Year1920
Days On Site67

Features

Units2
Building(s)1

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Area Information

StateNJ
CountyAtlantic
CityAtlantic City
Zip Code08401
AreaAtlantic City
Listing VS Median (in 08401)
Price:
$365,000
low | high
Med:
$90,000
100% of Average
On Site:
67
low | high
Med:
32
100% of Average
Listing Updated: 11/18/2018
MLS Number: 511152
Listing Provided By:
Jaclyn Tsai  of  Jackie 888 Inc