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14 S Tennessee Ave

Atlantic City, NJ 08232
  • $350,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 554478
UPDATED: 49 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

Tennessee Avenue corridor. Close to Tennessee Avenue Renaissance Project, City Library, City Hall, Atlantic Cape Community College, HardRock Resort and Casino, Tanger Outlets, Atlantic City Convention Center and much more. Main ground floor unit rented. Located on the Tennessee Avenue corridor next to city hall and all major public transportation. Block and a half to the beach and boardwalk. **Building is cash flow positive at current 25% occupancy. Ground floor office space leased to large federally funded non-profit at $2,400/month. Annual building expenses are $16,900. Brand new roof in 2019. Retail store and all upstairs units are vacant.

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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 2021-10-24T22:49:51.38.
www.theoceansiderealtyteam.com/homes/120610888
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14 S Tennessee Ave Atlantic City, NJ 08232

  • Price: $350,000
  • Status: Active
  • Updated: 49 min ago
  • MLS #: 554478
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
Tennessee Avenue corridor. Close to Tennessee Avenue Renaissance Project, City Library, City Hall, Atlantic Cape Community College, HardRock Resort and Casino, Tanger Outlets, Atlantic City Convention Center and much more. Main ground floor unit rented. Located on the Tennessee Avenue corridor next to city hall and all major public transportation. Block and a half to the beach and boardwalk. **Building is cash flow positive at current 25% occupancy. Ground floor office space leased to large federally funded non-profit at $2,400/month. Annual building expenses are $16,900. Brand new roof in 2019. Retail store and all upstairs units are vacant.
Exterior Features

Commercial Style Commercial Location See Remarks Lot Dimensions 45X100 Roof Asphalt Siding Exterior BrickStucco

Interior Features

Heating Gas-Natural Hot Water Gas Specialty Rooms Office Space Avail.

Property Features

Approved Short Sale N/A Auction YN No Available Lease Information Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2020 Taxes 8824 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Platinum Real Estate.


© 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 2021-10-24T22:49:51.38.
 
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5501 New Jersey Avenue
Wildwood Crest NJ, 08260