715 N Michigan Ave MultiFamily Duplex $110,000— Listed by Gerard (jerry) Barker, WEICHERT REALTORS ASBURY GROUP-AC

715 N Michigan Ave MultiFamily Duplex $110,000— Listed by Gerard (jerry) Barker, WEICHERT REALTORS ASBURY GROUP-AC

MLS - Broker Listed Properties

Updated on May 21, 2019

17% Cap Rate on this Turn Key Money Making fully rented duplex near... $110,000

Price$110,000
Bedrooms4
Bathrooms2
Address715 N Michigan Ave
Atlantic City, NJ 08401
Living Area1,550 square feet
StatusActive
BrokerWEICHERT REALTORS ASBURY GROUP-AC
Phone(609) 344-6200
AgentGerard (jerry) Barker
Phone(609) 481-7745
Located in ATLANTIC CITY, NJ
17% Cap Rate on this Turn Key Money Making fully rented duplex near the corner of Magellan and N. Michigan Aves. beautifully bold red brick exterior with white vynil wrapping aroun newer thermal windows. Seperate gas and electric (Paid by the tenants). Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Beach and the Worlds most famous Boardwalk! Can be purchased together with another Duplex at 1036 N. Ohio, would make a great package deal and perfect addition to any investors Real Estate Portfolio. Double Digit cap rates, postive cash flow, low taxes, low maintanance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly!!

    Taxes

  • Year: 2018
  • $1,710
  • Exterior types

  • Brick
  • Vinyl Siding
  • Heating fuels

  • Heating fuel: Electric
  • Rooms

  • Basement: 1
  • Bedroom: 4
  • Full bath: 2
  • General

  • Provider name: WEICHERT REALTORS ASBURY GROUP-AC
  • Provider category: Broker
  • Property type: MultiFamily
  • Property sub type: Duplex
  • Listing category: Purchase
  • Mls name: South Jersey Shore Regional MLS
  • Mls number: 519563
  • Living area: 1550
  • Listing date: 2019-03-22
  • Listing title: Duplex - Atlantic City, NJ
  • Full bathrooms: 2
  • Architecture style: Other
  • Has basement: yes
  • Building unit count: 2
  • Cooling systems: Window Unit(s) A/C
  • Heating systems: Baseboard
  • Is new construction: no
  • Roof types: Unknown
Copyright © 2019 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
 

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