description
117 Seaside Ave,
Atlantic City,
NJ
08401
Cash Flow, Cash Flow, Cash Flow.....This is a rare chance to secure this high cash flow Duplex! The upstairs unit which come fully furnished has 4 bedrooms and 2 Full Bathrooms is currently used as an AIRBNB and has had $67,000 in gross operating income during the past 12 months. Downstairs is a 1 bedroom, 1 full bath which can generate $1,200 monthly rents. House has 3 balconies with spectacular views of the inlet. One Block from the beach! 3 minute walk to Ocean Casino and right across from the new Indoor Water park at the ShowboatThis property produces a cap rate in excess of 17! Current owners have renovated this unit and is now considered turnkey for any potential buyer.Current photos expected shortly.
Listing By: EXP Realty, LLC via Data Source: Bright MLS
Price History
| date | Price | variance | type | global |
|---|
| 12/22/2022 | $462,000 | 2.74 % | Sold | view listing |
| 11/14/2022 | $475,000 | 126.19 % | Contract |
| 6/22/2021 | $210,000 | - | Sold |
