16% Cap Rate for Two Beach Block Rooming Homes Side by Side with a combined 33 units between them, just steps from the beach and boardwalk and a couple blocks to the new Stockton College Island Campus! Tropicana a block away and Chef Volas is right across the street.
Off market
$499,800
106 S Albion Pl, Atlantic City, NJ 08401
--beds
0baths
4,306sqft
MultiFamily
Built in 1910
-- sqft lot
$499,800 Zestimate®
$116/sqft
$1,621 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Interior area
- Total interior livable area: 4,306 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
Features
- Exterior features: Other, Stucco
- Waterfront features: Boardwalk Area, Beach Block
Lot
- Size: 0.35 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Atlantic City
Other
Other facts
- Sewer: Public Sewer
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- Heating: Natural Gas
- NumberOfUnitsInCommunity: 33
- CurrentUse: Multi-Family, Rooming House
- NumberOfUnitsTotal: 33
- CoveredSpaces: 1
- PossibleUse: Multi-Family
- StructureType: Multi Family
- ParkingFeatures: Garage, Attached Garage
- WaterfrontFeatures: Boardwalk Area, Beach Block
- RoadSurfaceType: Sidewalks
- MlsStatus: Active
- Road surface type: Sidewalks
Services availability
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$499,800
2% more+ $9,996
With Zillow Showcase(estimated)
$509,796