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$599,990
Est. payment /mo
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 604734
Bedrooms 3
Full Baths 3
Annual Tax Amount $7,118
Tax Year 2025
Property Sub-Type Triplex
Property Description
TRIPLEX 12% CAP RATE.... This is a turn key opportunity for great income. This grand old Duchess of a home sits on a beautiful wide avenue, Iowa Ave. It is just 2.5 blocks to the world famous Atlantic City Board walk and beach. Great restaurants, shopping and Casino action are just a short stroll away. We have given this grand old lady a total make over, you can start ranting it tomorrow....All new floors, windows, and beautiful bathrooms. The kitchen features all stainless steal appliances; microwave, refrigerator, and of course a gas stove. Add in the granite counter tops for a perfect kitchen. Each of the 3 units come equipped with climate controls split heater/air-conditioners. All apartments offer 2 bedrooms, a dinning area, kitchen, upgraded shower and bathroom, and living room.
Location
State NJ
County Atlantic
Community Lower Chelsea
Area Atlantic City
Rooms
Other Rooms Dining Area, Kitchen, Living Room, Pantry
Basement 6 Ft. or More Head Room, Full, Masonry Floor/Wall, Outside Entrance, Plumbing, Slab, Unfinished
Interior
Heating Electric, Forced Air, Multi-Zoned
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by BHHS FOX and ROACH-Margate
NEARBY SCHOOL & BUSINESS