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$ 958,000
Est. payment /mo
New
14 N Providence Ave Atlantic City, NJ 08401
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 609521
Bedrooms 5
Year Built 1900
Annual Tax Amount $10,816
Tax Year 2025
Property Sub-Type 4 - 10 Units
Property Description
Exceptional investment opportunity! This fully occupied 8-unit multifamily property offers immediate cash flow with long-term tenants already in place. The building features a well-balanced unit mix consisting of three studio apartments, three one-bedroom apartments, and two two-bedroom apartments, appealing to a variety of tenants. Each unit is separately metered for electricity, while the building is serviced by one furnace (approximately 5 years old) and one hot water heater (approximately 1–2 years old). The property has successfully completed its most recent state inspection and is approved for the next inspection cycle, providing added peace of mind for the new owner. Whether you're looking to expand your portfolio or acquire a stable, income-producing asset, this well-maintained property presents an excellent opportunity with consistent rental history and strong occupancy. Please note: A minimum of 48 hours' notice is required for all showings to accommodate the tenants.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Interior
Heating Gas-Natural
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by FARLEY and FERRY REALTY, INC
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