3 Beds
2 Baths
1,014 SqFt
3 Beds
2 Baths
1,014 SqFt
OPEN HOUSE
Sat Jan 18, 11:00am - 12:30pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,014 sqft
Price per Sqft $276
Subdivision None Available
MLS Listing ID NJAC2015532
Style Ranch/Rambler
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,014
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $6,023
Tax Year 2024
Lot Size 4,500 Sqft
Acres 0.1
Lot Dimensions 60.00 x 75.00
Property Description
3-bedroom, 2 full bath home,located in the desirable Venice Park neighborhood. Known for its
iconic boardwalk, vibrant casinos, and lively entertainment scene, Atlantic City also offers
beautiful beaches, rich history, and a thriving community spirit. This recently updated, turnkey
property is suitable for many types of usage. Offering a great neighborhood vibe for the single
family homeowner,turnkey opportunity for investors looking to expand their portfolio, or seeking
a potentially profitable rental opportunity. The spacious living room, open concept dining room
and kitchen are perfect for entertaining, or enjoying time with the family. The sliding glass doors
lead you to a generous, sized deck, as well as a fenced yard, perfect for sitting and relaxing,
dining outside, watching the kids play, soaking up the sun, reading a book, or just planning your
day.night out. The roof, appliances, and mechanicals were updated four years ago, giving extra
peace of mind. The primary bathroom features a convenient full bath adding to the extra
comforts of home, or convenience for rental and air bnb use. There is nothing to do but move in
and make this home your home sweet home!
For Airbnb investors: With an approximate average rate of $200 per night and average high
occupancy, this home offers lucrative potential, boasting cap rates between 11.43% and 14.86%
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 12.22%.
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!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-1
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Senior Community No
Tax ID 02-00691-00003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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CRS, DRI, Notary | Assistant Broker | Lic# J: LIC#99697 | C: LIC#602439