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1 S Delancy Place

ATLANTIC CITY, NJ 08401
  • $1,000,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: NJAC2012292
$1,000,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,900
    SQFT
  • $256
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

Description

Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year...OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment! Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms...A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!

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©2024 Bright 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-26T22:54:59.367.
www.kayplatinumgroup.com/homes/150144977
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1 S Delancy Place ATLANTIC CITY, NJ 08401

  • Price: $1,000,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: NJAC2012292
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,900
SQFT
$256
$/SQFT
1930
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City (20102)
School District:
Atlantic City Schools
Property Description
Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year...OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment! Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms...A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!
Exterior Features

Architectural Style A-Frame Construction Materials Frame Garage YN No Parking Types On Street Pool No Pool Property Condition Very Good Roof Shingle View Ocean Water Access YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 3900 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Luxury Vinyl Plank Heating Central Heating YN Yes Rooms Total 7 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished Some

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Natural Gas Foundation Details Block Heating Fuel Central Historic YN No Hot Water Electric Municipality ATLANTIC CITY Navigable Water YN N Net Operating Income 72350.00 New Construction YN No Number Of Units Leased 6 Number Of Units Total 4 Original MLSNumber 803036045006 Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 9625.00 Tax Lot 00001 Total Actual Rent 88800.00 Vacation Rental YN No Water Source Public Year Built Effective 2023 Zoning R-2

Listing courtesy of Real of Pennsylvania: .


©2024 Bright 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-26T22:54:59.367.
 
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Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902