$435,000
Active
49 Days Online
3 Beds3 Baths1,452 SQFT
Active

207 Grammercy Place Atlantic City, NJ 08401

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An investor or beach bum's dream. This house can be sold individually or a rare opportunity to own the block and buy as part of a package with 201 Grammercy as well as 314 N Massachusetts just a few blocks away. If you've wanted to get into short term rentals, this is your chance to buy with everything turn key- management, furnishings, and a strong rental history! Just in time for summer in the desirable inlet area! This fully furnished, home is fee simple (no HOA) and has a renovated designer interior, newer bathrooms and open concept kitchen with quartz counters, perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the northern end of AC yet close to all the action. This gorgeous home features two stories, central air, gas heat, recessed lighting, designer lighting fixtures, vinyl plank flooring and various upgrades throughout. The 3 bedrooms, master with en suite and laundry are on the second floor. The exterior features a front porch, a large driveway and a one car garage that is currently a party room. This property has successfully run as a short term rental with a $50-60k average revenue income. Please ask to see the investor packet for rental history, upgrades and comps that make this purchase a no brainer. Complete property management is already in place so this would be completely turn key with all future bookings included. Use as a vacation home and rent for extra income. Check out the virtual tour.

  • Property TypeSingle Family Home
  • NeighborhoodAtlantic City
  • CountyAtlantic
  • Taxes$5,600
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive
  • MLS ID NumberNJAC2013272
  • Home Size Source Assessor
  • Year Built1997
  • Lot Size0.06 Acres
  • Full Baths2
  • Partial Baths1

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General Features

  • Style A- Frame
  • Construction Frame
  • Parking Concrete DrivewayAttached GarageDrivewayOn Street
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.06
  • Water Public
  • Garage Spaces 1
  • Attached Garage Yes
  • Zoning NEIR

Interior Features

  • Cooling Central A/ CNatural Gas
  • Heating 90% Forced AirNatural Gas
  • Appliances DishwasherDryerMicrowaveOven - Self CleaningRange HoodRefrigeratorStainless Steel AppliancesWasherWater Heater
  • Flooring Ceramic TileLuxury Vinyl TilePartially CarpetedCarpet
  • Interior AtticCeiling Fan(s)Dining AreaFamily Room Off KitchenRecessed LightingStall ShowerTub ShowerUpgraded Countertops
  • Laundry Features Upper FloorHas Laundry
  • Window Features Double HungWindow Treatments
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Spa No
  • Waterfront Property No
  • Exterior B B Q GrillExterior LightingSidewalksSport CourtStreet Lights

Community Features

  • Senior Community No
  • MLS Area Atlantic City (20102)

Schools

School District
ATLANTIC CITY SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,113
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