2407 ARCTIC AVE, Atlantic City, NJ 08401 – NJAC2011028

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$549,000

Est. payment - /mo

3,412 SqFt

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UPDATED:

10/23/2024 02:39 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 3,412 sqft

Price per Sqft $160

MLS Listing ID NJAC2011028

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,415

Tax Year 2023

Lot Size 1,873 Sqft

Acres 0.04

Lot Dimensions 25.00 x 75.00

Property Description

Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning NC-1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00339-00047

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Anastasia Tran • KW Empower

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262