$999,999
$1,250,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4801 Ventnor Ave Ventnor, NJ 08406
13 Beds
Key Details
Sold Price $999,999
Property Type Multi-Family
Sub Type 11 - 20 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 545095
Sold Date 02/01/21
Bedrooms 13
Annual Tax Amount $14,940
Tax Year 2020
Property Sub-Type 11 - 20 Units
Property Description
Excellent Multi Family/ Mixed Use INCOME PRODUCING 14 unit/condo building located on Ventnor Avenue in Ventnor, NJ. Building and units are well maintained by a very qualified long time owner keeping all state licenses and city inspections up to date. This building is located steps from beach, shopping, entertainment, and dining. Also, tenants have easy access to NJ Transit Bus stop and Atlantic City Jitney stop making this location ideal for transportation. Building makeup consists of 13 apartments and one store with many long-term tenants: Five 2-bedroom units, eight 1-bedroom units and one store. Building is 100 % occupied ( 1 unit being renovated ). All units are separately metered for electric and gas. Water, sewer and gas heat paid by owner. NOI of $ 99,041. Perfect for 1031 tax exchange or investment property. Call listing agent for more information or private tour. THIS OPPORTUNITY WILL NOT LAST LONG!
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Location Details Corner,See Remarks,Boardwalk Area
Rooms
Basement Full
Interior
Heating Gas-Natural, Hot Water
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
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