4801 Ventnor Ave, Ventnor, NJ 08406
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4801 Ventnor Ave, Ventnor, NJ 08406
4801 Ventnor Ave, Ventnor, NJ 08406
4801 Ventnor Ave, Ventnor, NJ 08406
4801 Ventnor Ave, Ventnor, NJ 08406

$999,999

Est. payment /mo

$1,250,000

20.0%
Est.Price: ?

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4801 Ventnor Ave Ventnor, NJ 08406

13 Beds

SOLD DATE : 02/01/2021

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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South Jersey Shore Regional MLS (SJSRMLS)
Listed by KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Nearby Locations

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Eric Silverstein

Eric Silverstein

Agent

+1(609) 705-3626

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