Sold 04/02/2025
Address
3536 Pacific Avenue, Atlantic City, NJ
Price
$ 1,435,000
Property Attributes
- Type
- CountyAtlantic County
- CityAtlantic City
- Zip08401
- Style
- Price$ 1,435,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Property Description
Investment Opportunity: 100% Occupied Multifamily Property. This well-maintained property boasts a strong yearly income and is fully occupied. Significant upgrades have been made to enhance both aesthetics and functionality, including modernized hallways and common areas featuring new ceiling lights, fire exit lights, and a comprehensive camera system. The building also features a new 20-year roof with updated metal and drainage systems. With an impressive cap rate, this property is a strong contender in today’s market. Please see the enclosed income and expense statements. Ideally located on Pacific Avenue, this property benefits from its proximity to the new buildings of Stockton University, oceanfront condominiums, and the renowned Knife and Fork restaurant, ensuring easy access to key attractions and significant entry points.
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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