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129 S Kingston

Atlantic City, NJ 08401
  • $799,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 552198
Price Reduced
UPDATED: 67 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. Ideal for winter and summer occupants. Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. 10 studios, 1 - 3 bedroom 1 -1 Bedroom. Long standing tenants with leases. Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. Gross approximately $9,000 per month. State inspection valid. No outstanding issues. Owner may be able to hold financing to qualified buyers 65% down. Video Tour https://youtu.be/b2-Z4PItyGA

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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 2021-10-24T23:49:48.987.
www.theoceansiderealtyteam.com/homes/118595104
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129 S Kingston Atlantic City, NJ 08401

  • Price: $799,000
  • Status: Active
  • Updated: 67 min ago
  • MLS #: 552198
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. Ideal for winter and summer occupants. Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. 10 studios, 1 - 3 bedroom 1 -1 Bedroom. Long standing tenants with leases. Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. Gross approximately $9,000 per month. State inspection valid. No outstanding issues. Owner may be able to hold financing to qualified buyers 65% down. Video Tour https://youtu.be/b2-Z4PItyGA
Exterior Features

Garage None Location Beach Block Lot Dimensions 39 X 82 Outside Features Beach AccessBoardwalk AccessFenced YardOcean ViewPorchSidewalks Parking None Siding Exterior Vinyl Storms Screens Combination

Interior Features

Air Conditioning Window Units Also Includes Partially Furnished Basement FinishedFullInside Entrance Heating ElectricGas-NaturalOilTank Above Ground Other Rooms Laundry/Utility Rm Water Heater Gas

Property Features

Age Range 25+ Years Approved Short Sale No Auction YN No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 11 - 20 Units New Construction No Number Of Efficiency Units 10 Number Of1 Bedroom Units 1 Number Of3 Bedroom Units 1 Rental Information Yearly Sale Or Rent For Sale Sewer Public Sewer Suitable For Bed And BreakfastCondo ConversionOther (See Remarks)Rooming House Tax Year 2020 Taxes 13376 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Bhhs Fox And Roach-Margate.


© 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 2021-10-24T23:49:48.987.
 
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