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$ 525,000
Est. payment | /mo
$ 525,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 594969
Annual Tax Amount $7,125
Tax Year 2024
Property Sub-Type Duplex
Property Description
Located just 2 blocks from the Boardwalk and beach in the sought-after Uptown Inlet area of Atlantic City, this fully furnished duplex is a turnkey investment with immediate rental income potential. The Inlet section of Atlantic City is awaiting an exciting project that was approved for the development of a new residential community with townhouses near the Boardwalk, and this property is in the heart of the location of the new development. The property features two units: 1 Bedroom / 1 Bath Unit which has a newly updated kitchen with quartz countertops and stainless steel appliances and 4 Bedrooms / 1.5 Bath Unit with a Jacuzzi tub in one of the bedrooms. Currently operating as a successful short-term rental, this property grossed $90K in 2024, making it a lucrative investment opportunity. Whether you're looking for a beachside getaway or a high-income rental property, this duplex delivers both location and potential. Don't miss out on the chance to own a piece of Atlantic City's vibrant coastline! "Property being sold strictly 'As Is." Buyer is responsible for obtaining all occupancy inspections and certificates."
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Rooms
Basement Unfinished
Interior
Heating Baseboard
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by FASANO REALTY
Scott Zielinski
Team Leader - Realtor® Associate | License ID: 1645364
+1(856) 264-8671 | scott@zhomesrealestate.com