$140,000
$144,900
3.4%For more information regarding the value of a property, please contact us for a free consultation.
1,200 SqFt
SOLD DATE : 12/18/2020
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $116
MLS Listing ID NJAC114358
Sold Date 12/18/20
Style Traditional
HOA Y/N N
Abv Grd Liv Area 1,200
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,187
Tax Year 2020
Lot Size 1,881 Sqft
Acres 0.04
Lot Dimensions 38.00 x 49.50
Property Description
Great income producing duplex in excellent condition and ready to go!! Both units are 2 br 1b with a tenant currently pay on time (1ST floor vacant). Both units have newer gas heating systems, roof replaced in 2013, separate washer/dryer hook up, large side yard for recreational use or expansion, previously a single family with the ability to convert back as the interior steps are still in place, and this property is located in Chelsea Neighborhood's Stockton's District and only 2 blocks to the beach and boardwalk. Cap rate 9.10% and COC ROI 19.37%
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Off Site
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Atlantic City H.S.
School District Atlantic City Schools
Others
Tax ID 02-00261-00023
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Financing Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Georgeanna Newmones • Executive Realtors
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