Address
4333 Ventnor Avenue Atlantic City, NJ
Price
$ 525,000
Property Attributes
  • MLS#NJAC115130
  • TypeCommercial
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • NeighborhoodCHELSEA HEIGHTS
  • Zip08401
  • StyleApartment Building
  • Year Built1930
  • Taxes11015
  • Price$ 525,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5027
Listing Provided Courtesy Of:
BHHS Fox & Roach-Medford
Property Description

Income producing, 100% occupied, seven-unit apartment building in Chelsea Heights (desirable location within Atlantic City), situated next to Ventnor, NJ. Tenants have been living in each apartment between 8 and 15 years. Stable rent with the ability for value add through rehab to increase monthly income. Jitney/bus stops in front of the home and the beach and boardwalk are just blocks away. 2 sets of garages available for additional income. Maintenance costs are low and taxes are assessed properly. 35k of work just done on property, including 22 windows. Property Roof - 8 years old, new roof on garages.

Price History
10/7/2020 Listed $525,000

General Features

Accessibility None
Business Type Apartment Building
Construction Materials Frame
Cool Fuel None
Cooling Window Unit(s)
County ATLANTIC
Heating Forced Air
MLS Area Atlantic City (20102)
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD, 31-60 Days CD
Price Per Sq Ft 152.44
Property SubType Five Or More Units
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Subdivision Name CHELSEA HEIGHTS
Tax Year 2020
Total Units 7
Vacation Rental Y/N No
Water Access Y/N No
Zoning NC-1

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 3444.00
Lot Dimensions 70.00 x 78.00
Lot Size Acres 0.00
Lot Size Source Assessor
Lot Size Square Feet 0.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08401

Price
AVG $550K
$530K
Taxes
AVG $21,741
$11,015
Visits
AVG 54
3
Year Built
AVG 1946
1930

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