8 N Montpelier Ave, Atlantic City, NJ 08401
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8 N Montpelier Ave, Atlantic City, NJ 08401
8 N Montpelier Ave, Atlantic City, NJ 08401
8 N Montpelier Ave, Atlantic City, NJ 08401
8 N Montpelier Ave, Atlantic City, NJ 08401

$255,000

Est. payment /mo

$255,000

Est.Price: ?

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8 N Montpelier Ave Atlantic City, NJ 08401

3 Beds

SOLD DATE : 04/30/2021

Key Details

Sold Price $255,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 547597

Sold Date 04/30/21

Bedrooms 3

Year Built 1940

Annual Tax Amount $7,789

Tax Year 2020

Property Sub-Type Triplex

Property Description

Investor Alert!! Excellent Multi Family/ Mixed Use INCOME PRODUCING Triplex building with 6 rental rooms located in the heart of Atlantic City, 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/boardwalk, shopping, casinos, dining, and new Stockton University. 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 3 apartments and 6 rental rooms with long-term tenants: One 3-bedroom/ 1 bathroom unit, two 1-bedroom/ 1 bathroom units and 6 rental rooms with 2 common full bathrooms. All units are separately metered for electric. Water, sewer and gas heat paid by owner. Potential gross income of $ 63,300. Some recent improvements include new roof, new siding, and new hot water. Perfect for investment property or owner operator. Call listing agent for more information or private tour. ACT NOW, THIS OPPORTUNITY WILL NOT LAST LONG!!

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details See Remarks

Rooms

Basement Slab

Interior

Heating Forced Air, Gas-Natural

Exterior

Exterior Feature Vinyl

Parking Features One Car

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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