119 S Congress Ave, Atlantic City, NJ 08401

Very rare offering, previously not offered for sale, but now on the market. The current market price to construct a new building is roughly $300/sq ft (plus the time it takes to build). Construction inflation is constantly increasing. Therefore this house selling at a substantial discount. House has 3 bedrooms, 1.5 bathrooms with approximate +\-1350 sq ft. Several vacant lots and neighboring house available for package deal (separate price) Located in very unique area right behind the thriving ocean casino resort where standard rooms can run $1,200 per night when high demand. The street has very low traffic and is much safer than other areas. House has significant renovations with new floors, windows, new water heaters, new pex waterlines, bathroom remodel and new trendy kitchen. house has washer and dryer. May need new roof. three year-old patio in back with solid 12 inch thick concrete. ZERO HOA FEES! No need to pay monthly HOA fees! Your homeowners insurance can fix any issues so why pay HOA fees. House can be supplied with, or without, furnished with mostly ikea furniture, mattresses, bedding materials, towels, kitchen utensils everything move-in ready. 3-year old water heater. New compressor 2024 in fridge. Sold strictly AS-IS. Buyer responsible for any CO house sold AS-IS. Two Fire extinguisher and new smoke alarms, new carbon monoxide alarms already installed. Excellent cash-flow with monthly or short-term rentals. House will be 100% vacant upon closing. Excellent location two blocks from New water park and 175 feet from the two Billion dollar Ocean Casino Get in on the AC action! - THE NUMBER TWO CASINO CITY IN AMERICA!!! - BASED ON REVENUES - NUMBER SEVEN ON THE PLANET!!! - BASED ON REVENUES Best investment you can make as house is underpriced with earnings potential by renting. Reasonable cash offers accepted! Fast closing (3 or 4 days!) several lots on the same corner available as well. A 100-year old duplex sold for $475,000 right around the corner! Very desirable location next to Ocean casino and real beach! https://www.zillow.com/homedetails/217-S-Metropolitan-Ave-Atlantic-City-NJ-08401/52663993_zpid/