說明
400 N Massachusetts Ave,
Atlantic City,
NJ
08401
Great mixed-use investment located in Bungalow Park and across from the bay!! This corner property consists of two units: One commercial store rents $1,775 per month ( tenant pays half of the water) and is currently on time. The lease is "month/month" (ends December 2023), and has current tenant has occupied the unit since 2016. Upstairs needs updating and is a large two-story 3 Br 1BA with lots of space and can rent for $1,600-$1,700 per month depending on finishes. The main roof is rubber and approx. 10 yrs, rear and front porch roof one year. Property is being sold strictly "AS IS," and the price reflects the condition. Contents of the commercial store belong to the tenant and are not included in the sale. $1,751 Cash flow, 20.26% COC ROI (based on 5% vac, 5.5% int, and $50,000 repairs upstairs unit), 17.48 cap rate.
所有信息均來自被認為可靠的來源，但可能會出現錯誤、遺漏、價格變化、事先銷售或撤回，恕不另行通知。 對於任何描述、測量、平方英尺或面積的準確性，我們不做任何陳述，因此不應被依賴。 此處的所有信息均應由客戶確認。 所有內容的所有權利，包括但不限於照片、視頻和其他圖形，僅保留給提供此類列表內容的經紀人。 本網站上的所有廣告均受《聯邦公平住房法》的約束。
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Listing By: EXP Realty, LLC via Data Source: Bright MLS
2757494-NJAC2001024
MLS ID 編號
上市代理: Georgeanna Newmones
