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$259,900

Beds
3
Baths
1.0
sq ft
1,073

1825 Beach Ave, Atlantic City, NJ 08401

1825 Beach Ave

ATLANTIC CITY, NJ 08401

  • 51 days on market
Walking distance to local recreation, 1825 Beach Ave features quartz countertops, lvp flooring, stainless steel appliances. In addition, the roof and HVAC were updated in 2021, the kitchen boasts an island and leads to an open living room and dining room. These updates, and floorplan make this home perfect for entertaining. The back yard features a generous sized deck to enjoy summer nights, sip your coffee in the morning, and entertain. The garage offers additional space for storage. Investor opportunity! This property is currently a profit generating air bnb, but is suitable for single family primary residence or vacation use as well. 1825 Beach Ave can be purchased independently or part of a package with 1521 N Michigan Ave, Atlantic City, and 1530 Beach Avenue, Atlantic City NJ with possible financing assumption and lender/bank approval. Good for Airbnb investors: With an approximate average of $200 per night rate and average high occupancy rates in the area, this home offers lucrative potential, boasting cap rates between 10.19% and 13.51% 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 11.34%. 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! *Furniture negotiable*

Details

Property type

Single Family Residence

Lot size

5,249 sq ft

Price per sq ft

$243

Year built

1966

Annual property taxes

$6,047

HOA

No

Price History

12/10/2024
Bright

Bright #NJAC2015530

Listed
$259,900

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 8:45 AM

Listing updated: 01/27/2025 at 10:49 AM

Listed by: Christie Wagner, RE/MAX Community-Williamstown Phone #: (856) 318-2313

MLS: Bright #NJAC2015530

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