1825 Beach Ave Ave, Atlantic City, NJ 08401 – 591389

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Joseph Lam

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

$259,900

Est. payment - /mo

3 Beds

1 Bath

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 591389

Style Ranch

Bedrooms 3

Full Baths 1

Annual Tax Amount $6,245

Tax Year 2023

Property Sub-Type Single Family

Property Description

Back on the market due to no fault of the sellers!!!!! This home may be eligible for several different grants if you qualify. Atlantic County Improvement Authority-will give 10% down and up to $5k for closing costs, to qualified buyers Walking distance to local recreation, 1825 Beach Ave features quartz countertops, lvp flooring, stainless steel appliances. In addition, the roof and HVAC were updated in 2021, the kitchen boasts an island and leads to an open living room and dining room. These updates, and floorplan make this home perfect for entertaining. The back yard features a generous sized deck to enjoy summer nights, sip your coffee in the morning, and entertain. The garage offers additional space for storage. Investor opportunity! This property is currently a profit generating air bnb, but is suitable for single family primary residence or vacation use as well. 1825 Beach Ave can be purchased independently or part of a package with 1521 N Michigan Ave, Atlantic City, and 1530 Beach Avenue, Atlantic City NJ with possible financing assumption and lender/bank approval. Good for Airbnb investors: With an approximate average of $200 per night rate and average high occupancy rates in the area, this home offers lucrative potential, boasting cap rates between 10.19% and 13.51% or higher. For long-term rental owners: Enjoy stable income with average rents of $2,800 to $3,100 per month and a cap rate of approximately 11.34%. Perfect for families or first-time buyers, this freshly remodeled property combines comfort and convenience. Additionally, there are approximately $50,000 in grants available from the city or state, making this a fantastic opportunity Don't miss out on this exceptional home in the heart of Atlantic City! *Furniture negotiable*

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Interior

Heating Forced Air, Gas-Natural

Exterior

Parking Features One Car

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by RE/MAX COMMUNITY - Williamstown

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

1825 Beach Ave Ave Atlantic City, NJ 08401

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Others

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1825 Beach Ave Ave