House for sale
$1,000,000 - Atlantic City NJ 08401Atlantic City NJ 08401
House for sale
- Price: $1,000,000
- Reference No.: 71638619
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Overview
Introducing a prime CRE opportunity in Atlantic City's Chelsea Heights: a lucrative 6-unit apartment building that's a true money maker! This property features an ultra-luxurious 2-bedroom unit currently rented out via Airbnb, generating an impressive $30, 000 in less than a year of operation. With its stellar 5-star reviews, the potential for revenue growth is sky-high. Plus, imagine indulging in this swanky pad as your very own owner's unit or vacation getaway! Of the remaining units, three have been recently renovated to modern standards, while the two others are clean and solid, offering the perfect canvas for renovation to further increase rents. All units are currently leased below market rates, making this an exceptional value-add investment opportunity. Nestled in the desirable Chelsea Heights, the building is conveniently located under two blocks from the beach at Bartram's Garden, featuring a beautiful grass area and restrooms. Just a short stroll away, you'll find the bay, Stockton College, and the renowned Knife and Fork Inn and Restaurant. And with easy access to all that Atlantic City, Ventnor, Margate, and Longport have to offer, this property is in the heart of it all. Don't miss out on this incredible investment opportunity seize it before someone else does! Agent has financial interest. Owner is RE Licensee For more details and to contact: https://realtyww.info/homes_atlantic-city-d525395/for-sale_i71638619House Atlantic City
This House for sale is located at Atlantic City NJ 08401. The home has . This House in Atlantic City NJ is for sale for $1,000,000 .
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2024-05-09, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-05-09, Viewed 0 times.
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