3 Beds
1 Bath
1,073 SqFt
3 Beds
1 Bath
1,073 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,073 sqft
Price per Sqft $242
Subdivision Venice Park
MLS Listing ID NJAC2015530
Style Ranch/Rambler
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,073
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $6,047
Tax Year 2024
Lot Size 5,249 Sqft
Acres 0.12
Lot Dimensions 70.00 x 75.00
Property Description
Good for Airbnb investors: With an approximate average of $200 per night rate and average high occupancy rates in the area, this home offers lucrative potential, boasting cap rates between 10.19% and 13.51% or higher.
For long-term rental owners: Enjoy stable income with average rents of $2,800 to $3,100 per month and a cap rate of approximately 11.34%.
Perfect for families or first-time buyers, this freshly remodeled property combines comfort and convenience. Additionally, there are approximately $50,000 in grants available from the city or state, making this a fantastic opportunity.
Don't miss out on this exceptional home in the heart of Atlantic City!
*Furniture negotiable*
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-1
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Senior Community No
Tax ID 02-00708-00009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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