Adult 55+
Address
501-509 N Indiana Ave Atlantic City, NJ
Price
$ 550,000
Property Attributes
  • MLS#548600
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style4 - 10 Units
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
BHHS DIVERSIFIED REALTY
Data Source:
South Jersey Shore Regional MLS
Property Description

NOW IS YOUR TIME SEIZE THE MOMENT!TREMENDOUS OPPORTUNITY TO INVEST IN ATLANTIC CITY.RENTAL MARKET IS BOOMING W/ INVENTORY SHORTAGE AND TONS OF DEMAND!QUALITY LONGTERM OWNER RETIREMENT SALE! WELL MAINTAINED STORE/APARTMENTS 1,2 AND 3 BEDROOMS IN ALL 6 UNITS INCLUDED IN SALE AND WILL SELL 4 UNIT AND 2 UNIT SEPERATELY. 100% OCCUPANCY NETTING OWNER APPROX $4200/MONTH AFTER ALL EXPENSES. RENT IF CHARGING AT TODAYS PRICES EASILY $6K PER MONT NET! MONTH TO MONTH GOOD COOPERATIVE TENANTS! 3 ADJACENT VACANT LOTS INCLUDED IN SALE ADDING TO GROWTH AND POTENTIAL REVENUE! 501 FOOD MART TURNKEY OPERATIONAL AND BOOMING GROCERY STORE W/ TONS OF POTENTIAL. MUST PROVIDE SUFFICIENT NOTICE TO VIEW-ONLY WELL QUALIFIED SERIOUS INVESTORS PLEASE!

Price History
3/23/2021 Listed $550,000

General Features

Class MULTI-FAMILY
Garage None
Heating Gas-Natural
Listing Area Atlantic City
Location Corner
Sewer Public Sewer
Status Active
Status Active
Tax Year 2020
Taxes 4200
Type 4 - 10 Units
Water Public

Interior Features

# of Units 6

Exterior Features

Exterior Vinyl
Lot Dimensions 76.1 X 65
Outside Features Sidewalks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08401

Price
AVG $350K
$550K
Visits
AVG 36
19
Walkscore
AVG 80
78
Data Provided by Walkscore ® not using MLS data

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