$279,900
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,014
1530 Beach Ave, Atlantic City, NJ 08401
1530 Beach Ave
ATLANTIC CITY, NJ 08401
- 51 days on market
- Open house Feb 02
Welcome home, experience Atlantic City, and all it has to offer in this spacious, well appointed,
3-bedroom, 2 full bath home,located in the desirable Venice Park neighborhood. Known for its
iconic boardwalk, vibrant casinos, and lively entertainment scene, Atlantic City also offers
beautiful beaches, rich history, and a thriving community spirit. This recently updated, turnkey
property is suitable for many types of usage. Offering a great neighborhood vibe for the single
family homeowner,turnkey opportunity for investors looking to expand their portfolio, or seeking
a potentially profitable rental opportunity. The spacious living room, open concept dining room
and kitchen are perfect for entertaining, or enjoying time with the family. The sliding glass doors
lead you to a generous, sized deck, as well as a fenced yard, perfect for sitting and relaxing,
dining outside, watching the kids play, soaking up the sun, reading a book, or just planning your
day.night out. The roof, appliances, and mechanicals were updated four years ago, giving extra
peace of mind. The primary bathroom features a convenient full bath adding to the extra
comforts of home, or convenience for rental and air bnb use. There is nothing to do but move in
and make this home your home sweet home!
For Airbnb investors: With an approximate average rate of $200 per night and average high
occupancy, this home offers lucrative potential, boasting cap rates between 11.43% and 14.86%
or higher.
For long-term rental owners: Enjoy stable income with average rents of $2,800 to $3,100 per
month and a cap rate of approximately 12.22%.
Perfect for families or first-time buyers, this freshly remodeled property combines comfort and
convenience. Additionally, there are approximately $50,000 in grants available from the city or
state, making this a fantastic opportunity.
Don’t miss out on this exceptional home in the heart of Atlantic City!
Details
Property type
Single Family Residence
Lot size
4,500 sq ft
Price per sq ft
$277
Year built
1955
Annual property taxes
$6,023
HOA
No
Price History
12/10/2024
Bright #NJAC2015532
Listed
$279,900
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
ATLANTIC CITY SCHOOLS
Status: Active
Tomo last checked: 01/30/2025 at 8:50 AM
Listing updated: 01/27/2025 at 10:49 AM
Listed by: Christie Wagner, RE/MAX Community-Williamstown Phone #: (856) 318-2313
MLS: Bright #NJAC2015532
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