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12 N Iowa

Atlantic City, NJ 08401
  • $636,000
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 552302
UPDATED: 30 min ago
$636,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

The Atlantic City real estate market is HOT and this is a turn key investors dream. 7 units, 1, two-bedroom and 6, one-bedroom units all totally rehabbed down to stud in 2016. New plumbing, electric, roofing, siding and with all new fiberglass decks. Each unit has its own entrance with no common hallways. All units have separate electric heat, electric hot water, and electric stove, all on separate meters that tenant pays, no gas. Total Rents $66,000. Total Expense $16,600. Profit without repairs $49,400. Call for showing instructions. Apt 1, 1 bedroom $825, Apt 2, 1 Bedroom $700, Apt 3, 1 Bedroom $800 Apt 4, 2 Bedroom $900, Apt 5, 1 Bedroom $800, Apt 6, 1 Bedroom $825 Apt 7, 1 Bedroom $650.

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© 2021 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 Oceanside Realty Team | Keller Williams Jersey Shore. 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 2021-10-22T08:49:51.427.
www.theoceansiderealtyteam.com/homes/118696116
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12 N Iowa Atlantic City, NJ 08401

  • Price: $636,000
  • Status: Active
  • Updated: 30 min ago
  • MLS #: 552302
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
The Atlantic City real estate market is HOT and this is a turn key investors dream. 7 units, 1, two-bedroom and 6, one-bedroom units all totally rehabbed down to stud in 2016. New plumbing, electric, roofing, siding and with all new fiberglass decks. Each unit has its own entrance with no common hallways. All units have separate electric heat, electric hot water, and electric stove, all on separate meters that tenant pays, no gas. Total Rents $66,000. Total Expense $16,600. Profit without repairs $49,400. Call for showing instructions. Apt 1, 1 bedroom $825, Apt 2, 1 Bedroom $700, Apt 3, 1 Bedroom $800 Apt 4, 2 Bedroom $900, Apt 5, 1 Bedroom $800, Apt 6, 1 Bedroom $825 Apt 7, 1 Bedroom $650.
Exterior Features

Driveway Concrete Garage None Location Boardwalk Area Lot Dimensions 50X60 Outside Features DeckPatioPorch Parking Off Site Parking Siding Exterior Vinyl Storms Screens Screens

Interior Features

Air Conditioning Wall Units Appliances Electric StoveRefrigerator Basement FinishedFullHeatedOutside Entrance Heating Electric Water Heater Electric

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units New Construction No Number Of1 Bedroom Units 6 Number Of2 Bedroom Units 1 Rental Information 100 Percent OccupancyLease RequiredYearly Sale Or Rent For Sale Separate Meters Cable TvElectric Sewer Public Sewer Suitable For Multi Family + Rooms Tax Year 2020 Taxes 8300 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Grace Properties.


© 2021 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 Oceanside Realty Team | Keller Williams Jersey Shore. 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 2021-10-22T08:49:51.427.
 
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