404 Trinity Ave MultiFamily $219,900— Listed by Irene Foley-chort, Berkshire Hathaway HomeServices Fox & Roach

404 Trinity Ave MultiFamily $219,900— Listed by Irene Foley-chort, Berkshire Hathaway HomeServices Fox & Roach

MLS - Broker Listed Properties

Updated on May 26, 2019

GREAT CASH FLOW! $34 151 NET INCOME!! UPWARDS OF 15-16% CAP RATE! WOW... $219,900

Price$219,900
Bedrooms6
Bathrooms4
Address404 Trinity Ave
Atlantic City, NJ 08401
StatusActive
BrokerBerkshire Hathaway HomeServices Fox & Roach
Phone(609) 646-1900
AgentIrene Foley-chort
Phone(609) 233-9175
Located in ATLANTIC CITY, NJ
GREAT CASH FLOW! $34,151 NET INCOME!! UPWARDS OF 15-16% CAP RATE! WOW!. CLOSE TO OUTLETS AND NEWER HOMES! 4 APARTMENTS. ALL SEPARATE UT. TENANTS PAY HEAT, HW & ELEC. TWO 2-STY 2BR UNITS two-1 BR. Ground Floor units. $44,100 gross income when fully rented. Great rental history + LOCATION near the Tanger Outlets, Convention Center, Train Station & the soon to be built grocery store!! Landlord pays Water & Sewer. 24 HOURS NOTICE TO SHOW. Note: Units 404-1 & 406-2 will be vacated by the end of May. Both are for rent at this time for $750 & $1150. It is expected to have new tenants in place for June.

    Taxes

  • Year: 2018
  • $4,169
  • Heating fuels

  • Heating fuel: Natural Gas
  • Rooms

  • Bedroom: 6
  • Dining room: 1
  • Full bath: 4
  • General

  • Provider name: Berkshire Hathaway HomeServices Fox & Roach
  • Provider category: Broker
  • Property type: MultiFamily
  • Property sub type: Other
  • Listing category: Purchase
  • Mls name: South Jersey Shore Regional MLS
  • Mls number: 521035
  • Year built: 1910
  • Listing date: 2019-04-18
  • Listing title: 4 - 10 Units - Atlantic City, NJ
  • Full bathrooms: 4
  • Architecture style: Other
  • Building unit count: 4
  • 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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