$249,000
507 Adriatic Ave Ave Atlantic City, NJ 08401
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$249,000
Est. payment /mo
2 Beds
UPDATED:
11/09/2024 01:48 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 579721
Bedrooms 2
Annual Tax Amount $3,894
Tax Year 2022
Property Description
Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the boardwalk, beaches, and casinos. Bungalow Park is on the rise, increasingly favored for investment and residential purposes. This duplex, is near dining, shopping, and cultural centers, providing all necessities within reach. Sold "as is," it's a smart buy in Atlantic City's upswing. It is ideal for investors seeking to merge lifestyle with opportunity. Inquire today to explore the possibilities at 507 Adriatic Ave.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details See Remarks
Rooms
Other Rooms Kitchen, Living Room
Interior
Heating Baseboard, Gas-Natural
Exterior
Exterior Feature Stucco
Garage None
Waterfront No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by BHHS FOX and ROACH-Northfield