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  • $675,000

    105 S Albion Pl, Atlantic City, NJ 08401

    7beds
    --baths
    --sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $707,500 Zestimate®
    $--/sqft
    $2,987 Estimated rent

    What's special

    Just Passed 5 Year DCA State Inspection March 2024! Welcome to 105 Albion Place, a fantastic opportunity for investors and those seeking a beachside property in Atlantic City. Seller financing available! AirBnB Hosts and Investor Alert! - Renovated & Fully Occupied BEACH BLOCK 7-Unit Multi-Family BLDG is up for sale near the Vibrant Tropicana hotel and casino and two doors down from Chef Volas, argulably the best Italian Restaurant in Jersey! This property boasts SUPER low taxes with a DOUBLE DIGIT CAP RATE making it a truly exceptional investment. This sale is offering up an unbeatable location that is absolutley ideal and presents buyers with a broad range of numerous possibilities, whether you want to retain all the annual tenants, occupy a unit for yourself, or take advantage of the booming short term vacation rental market on platforms like VRBO & Airbnb. This bldg offers versatility and potnetial. It is conveniently close to "The Walk" at the renowned Tanger Outlets shopping and AC Convention Center, 5 star Fine Dining and Nightlife establishments, Steps to Jersey Shore Beaches, the Worlds most Famous Boardwalk, and Atlantic Ocean, & close to the Brand New Stockton Universitys Island Campus! At this time there are no seperate utilties. Income and Expense sheet is available to qualified buyers. Some of the various finaincing optons include Private financing available starting at 10% as wella as 10% owner finaincing, open to 1031 Exchange, Conventional financing, DSCR loans, Hard Money Loans, or buy it with a few of your bitcoins! Don't miss out on this chance to own a piece of Atlantic City's thriving real estate market. Contact us today for income and expense details or to schedule a viewing. Embrace the potential of 105 Albion Place and make your mark in this sought-after beachside community.

    Zillow last checked: 7 hours ago

    Listing updated: September 27, 2024 at 11:46am

    Listed by:

    GERARD (Jerry) BARKER,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    GERARD (Jerry) BARKER, 0448245

    Source: SJSRMLS,MLS#: 580638MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Heating
    • Baseboard, Natural Gas, Hot Water, Radiant
    Appliances
    • Included: Gas Stove, Refrigerator, Self Cleaning Oven
    Features
    • Basement: Finished
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Features
    • Patio & porch: Porch
    • Waterfront features: Beach Block, Boardwalk Area
    Lot
    • Size: 2,565 sqft
    • Dimensions: 45 x 57
    Details
    • Parcel number: 12

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Senior living
    • Senior community: Yes
    Location
    • Region: Atlantic City

    Other

    Other facts
    • Available date: 12/20/2023
    • Road surface type: Sidewalks
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $707,500
    2% more+ $14,150
    With Zillow Showcase(estimated)
    $721,650