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  • $462,000

    117 Seaside Ave, Atlantic City, NJ 08401

    4beds
    2baths
    2,064sqft
    Duplex
    Built in 1915
    -- sqft lot
    $547,700 Zestimate®
    $224/sqft
    $1,925 Estimated rent

    What's special

    Cash Flow, Cash Flow, Cash Flow.....This is a rare chance to secure this high cash flow Duplex! The upstairs unit which come fully furnished has 4 bedrooms and 2 Full Bathrooms is currently used as an AIRBNB and has had $67,000 in gross operating income during the past 12 months. Downstairs is a 1 bedroom, 1 full bath which can generate $1,200 monthly rents. House has 3 balconies with spectacular views of the inlet. One Block from the beach! 3 minute walk to Ocean Casino and right across from the new Indoor Water park at the Showboat This property produces a cap rate in excess of 17! Current owners have renovated this unit and is now considered turnkey for any potential buyer. Current photos expected shortly.

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2023 at 06:05am

    Listed by:

    Donna Halgas 215-292-6236,

    EXP Realty, LLC

    Bought with:

    NON MEMBER

    Non Subscribing Office

    Source: Bright MLS,MLS#: NJAC2006062MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Exterior Entry,Side Entrance,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,064
    • Total interior livable area: 2,064 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Pool features: None
    • Has view: Yes
    • View description: Ocean, Harbor
    • Has water view: Yes
    • Water view: Ocean,Harbor
    Lot
    • Size: 1,311 sqft
    • Dimensions: 18.75 x 70.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 020007700035
    • Zoning: RS-C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Block
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1915
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Connected

    Community & neighborhood

    Location
    • Region: Atlantic City
    • Municipality: ATLANTIC CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

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

    $547,700
    2% more+ $10,954
    With Zillow Showcase(estimated)
    $558,654