20 S Bellevue Ave Ave new

Atlantic City,NJ 08401

$ 399000

- Bed

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 4 - 10 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 597549

Full Baths 5

Annual Tax Amount $3,521

Tax Year 2024

Property Sub-Type 4 - 10 Units

Property Description

This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that offer all necessary amenities nearby. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross monthly income of $4,900. Sold "AS-IS," WHERE IS. Buyer is responsible for all inspections, CO, and certifications. The Seller is not responsible for any repairs, corrections, treatments, remediation, or mitigation. The LBP addendum and rental leases have been attached to the associate's documents.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Boardwalk Area

Rooms

Basement Crawl Space

Interior

Heating Gas-Natural

Exterior

Exterior Feature Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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