1637 Atlantic Avenue #1637Atlantic City, NJ 08401

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INVESTOR ALERT- Turn Key Cash Flowing Commercial Mixed Use property ! 4, 602.00 approx sq.ft mix use building with a store front and 2 apartments . All units separate gas and electric . First Floor is a Commercial storefront with private bathrooms. The commercial space is approximately 2, 200 square feet. Apartment 1 has Three bedrooms. Apartment 2 is renovated/remodeled Two bedroom with Den/extra sleeping area is located in the heart of it all !!! Den is located on the lower level of this two story unit . Plus very large private deck off the kitchen . New Kitchen , Flooring , lighting, doors plus all new trim. Freshly painted Close to the Atlantic City Hospital , Casinos , beach and boardwalk. Convenient location for Casino or Hospital workers!!! Annual NOI of $50, 250.00 cap rate of at 10% $502, 500. 9% $558, 333. 8% $628, 125.Rental Income rent : Storefront $2, 500.00 or $30, 000.00 per year , Second floor $1, 650.00 or $19, 800.00 per year . Third floor $1, 650.00 or $19, 800 per year . annual income of $69, 600.00 .Water & Sewer $1, 100.00 per year.