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$435,000

Beds
3
Baths
2.5
sq ft
1,452

207 Grammercy Pl, Atlantic City, NJ 08401

207 Grammercy Pl

ATLANTIC CITY, NJ 08401

  • 110 days on market
    • Price drop $4,900↓
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.

Details

Property type

Duplex

Lot size

2,522 sq ft

Price per sq ft

$300

Year built

1997

Annual property taxes

$5,600

HOA

No

Price History

08/07/2024
Bright

Bright #NJAC2013272

Price change
$435,000
-1.11%
07/23/2024
Bright

Bright #NJAC2013272

Price change
$439,900
-2.24%
07/16/2024
Bright

Bright #NJAC2013272

Listed
$450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

ATLANTIC CITY SCHOOLS

Status: Active

Tomo last checked: 11/03/2024 at 7:30 AM

Listing updated: 08/14/2024 at 6:34 AM

Listed by: Marsha Straka, Keller Williams Realty - Wildwood Crest Phone #: (609) 729-2100

MLS: Bright #NJAC2013272

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