207 GRAMMERCY PL Active Save Request In-Person Tour Request Virtual Tour
Atlantic City,NJ 08401
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,452 sqft
Price per Sqft $299
Subdivision Atlantic City
MLS Listing ID NJAC2013272
Style A-Frame
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1997
Annual Tax Amount $5,600
Tax Year 2023
Lot Size 2,522 Sqft
Property Description
An investor or beach bum's dream. This house can be sold individually or a rare opportunity to own the block and buy as part of a package with 201 Grammercy as well as 314 N Massachusetts just a few blocks away. If you've wanted to get into short term rentals, this is your chance to buy with everything turn key- management, furnishings, and a strong rental history! Just in time for summer in the desirable inlet area! This fully furnished, home is fee simple (no HOA) and has a renovated designer interior, newer bathrooms and open concept kitchen with quartz counters, perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the northern end of AC yet close to all the action. This gorgeous home features two stories, central air, gas heat, recessed lighting, designer lighting fixtures, vinyl plank flooring and various upgrades throughout. The 3 bedrooms, master with en suite and laundry are on the second floor. The exterior features a front porch, a large driveway and a one car garage that is currently a party room. This property has successfully run as a short term rental with a $50-60k average revenue income. Please ask to see the investor packet for rental history, upgrades and comps that make this purchase a no brainer. Complete property management is already in place so this would be completely turn key with all future bookings included. Use as a vacation home and rent for extra income. Check out the virtual tour.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning NEIR
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Ceramic Tile,Luxury Vinyl Tile,Partially Carpeted
Equipment Dishwasher,Dryer,Microwave,Oven - Self Cleaning,Range Hood,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
Laundry Upper Floor,Has Laundry
Exterior
Garage Garage - Front Entry
Garage Spaces 1.0
Fence Fully
Waterfront N
Water Access N
Roof Type Shingle
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District Atlantic City Schools
Others
Special Listing Condition Standard