Atlantic City, NJ 08401,22-24 S PENNSYLVANIA AVE
Atlantic City, NJ 08401,22-24 S PENNSYLVANIA AVE
Atlantic City, NJ 08401,22-24 S PENNSYLVANIA AVE
Listed by Andrew F Cheng • Keller Williams Realty - Cherry Hill
Bought with Non Member • Metropolitan Regional Information Systems, Inc.
$800,000
Est. payment /mo
$849,000
5.8%
Est.Price: ?

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1,329 Sqft Lot
SOLD DATE : 06/30/2022

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJAC2003624

Sold Date 06/30/22

Year Built 1930

Annual Tax Amount $9,276

Tax Year 2021

Lot Size 1,329 Sqft

Acres 0.03

Lot Dimensions 16.62 x 80.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Attention investors, check it out at 22-24 S. Pennsylvania ave with 4 apartments and 2 commercials units to bring the cash flow to your investment portfolio. The building was totally renovated few years ago, the layout consisted with 3 apartments has 2 bedrooms and 1.5 bath and one unit with Penthouse, 3 bedroom and 2 full bath. Modern kitchen style, hardwood floor through out, central air/heat, washer and dryer in each unit. The two commercial store on the 1st floor has own HVAC unit. all 6 units features tankless gas hot water system, sperate utilities for each unit. fully occupied with cap rate almost at 9%. This is one of kind building, contemporary finished, located across from the hard rock casino. Schedule your appointment.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning CBD

Interior

Hot Water Natural Gas, Tankless

Cooling Central A/C

Flooring Hardwood, Laminated

Heat Source Electric, Natural Gas

Exterior

Water Access N

Roof Type Flat,Rubber

Accessibility 32\"+ wide Doors

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00138-00008

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Cara Campos

Cara Campos

+1(856) 304-3040

Agent | License ID: 1540604

Agent License ID: 1540604

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