Atlantic City, NJ 08401,709 Adriatic Ave
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Atlantic City, NJ 08401,709 Adriatic Ave
Atlantic City, NJ 08401,709 Adriatic Ave
Atlantic City, NJ 08401,709 Adriatic Ave
Atlantic City, NJ 08401,709 Adriatic Ave

$350,000

Est. payment /mo

$389,000

10.0%
Est.Price: ?

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709 Adriatic Ave Atlantic City, NJ 08401

4 Beds

SOLD DATE : 08/30/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type 4 - 10 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 582672

Bedrooms 4

Year Built 1910

Annual Tax Amount $3,226

Tax Year 2024

Property Description

INVESTOR ALERT - Bungalow Park Quadplex for sale. Two 3 bdrm units, and two 2bdrm units. One of the three bedroom units on the second floor is occupied, the other three are currently vacant. Get it fully rented and it should be producing about a 15% Cap Rate!! Income and Expenses are available to qualified buyers. Purchase now for about 7 Bitcoins! LOW Taxes & No HOA fees, close to the Beach, Boardwalk, & Gardners Basin! Up to $30,000 in first time home buyers grant money may be available to qualified buyers if they plan to live in one of the units, & make this purchase with little to no money down! Street parking only, Located just a few blocks to the beach & boardwalk with life guards and comfort stations. Walking distance to Historic Gardners Basin where you can enjoy breakfast at Gilchrist & sunsets at Back Bay Ale house, or spend the day at the AC Aquarium. Close to the Absecon Lighthouse, Little Water Distillery, Sports Fields, The Borgata, Harrahs, Golden Nugget, Farley Marina, Hard Rock, Steel Pier, Resorts, Margaritaville, Ocean Resort, Showboat and the new Indoor Water Park! No rental restrictions.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Interior

Heating Electric, Gas-Natural

Exterior

Exterior Feature Brick

Parking Features None

Building

Sewer Public Sewer

Water Public

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by WEICHERT REALTORS ASBURY GROUP-AC

Jason Gareau

Broker

+1(609) 929-4486

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