1 S Delancy Place Atlantic City, NJ 08401
Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30, 000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year...OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment! Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms...A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!
- Property TypeMulti-Family
- NeighborhoodAtlantic City
- CountyAtlantic
- Taxes$9,625
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive
- MLS ID NumberNJAC2012292
- Home Size Source Estimated
- Year Built1930
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style A- Frame
- Construction Frame
- Parking On Street
- Sewer Public Sewer
- Acreage 0.06
- Water Public
- Attached Garage No
- Foundation Block
- Zoning R-2
Interior Features
- Cooling Central A/ CNatural Gas
- Heating Central
- Flooring Luxury Vinyl Plank
- Fireplace No
Exterior Features
- Roof Shingle
- View Ocean
- Spa No
- Waterfront Property No
Community Features
- MLS Area Atlantic City (20102)