Description
Income producing, 100% occupied, seven-unit apartment building in Chelsea Heights (desirable location within Atlantic City), situated next to Ventnor, NJ. Tenants have been living in each apartment between 8 and 15 years. Stable rent with the ability for value add through rehab to increase monthly income. Jitney/bus stops in front of the home and the beach and boardwalk are just blocks away. 2 sets of garages available for additional income. Maintenance costs are low and taxes are assessed properly. 35k of work just done on property, including 22 windows. Property Roof - 8 years old, new roof on garages.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Income producing, 100% occupied, seven-unit apartment building in Chelsea Heights (desirable location within Atlantic City), situated next to Ventnor, NJ. Tenants have been living in each apartment between 8 and 15 years. Stable rent with the ability for value add through rehab to increase monthly income. Jitney/bus stops in front of the home and the beach and boardwalk are just blocks away. 2 sets of garages available for additional income. Maintenance costs are low and taxes are assessed properly. 35k of work just done on property, including 22 windows. Property Roof - 8 years old, new roof on garages.
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