32% Cap Rate!! 25 Unit Rooming House with 22 licensed rooms and 3 apartments. One block to the beach and boardwalk, behind St. Nicolas Church and across from the Orange Loop Project. Close to Hardrock, Showboat, Ballys and Ceasers. Income and Expenses available upon request.
Off market
$353,900
1401 Memorial Ave, Atlantic City, NJ 08401
--beds
0baths
--sqft
MultiFamily
Built in ----
-- sqft lot
$353,900 Zestimate®
$--/sqft
$2,151 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Gas
Property
Features
- Exterior features: Vinyl, Brick
- Waterfront features: Boardwalk Area
Lot
- Size: 2,500 sqft
Construction
Type & style
- Home type: MultiFamily
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Atlantic City
Other
Other facts
- Sewer: Public Sewer
- Heating: Electric, Natural Gas
- HeatingYN: true
- ConstructionMaterials: Brick, Vinyl
- NumberOfUnitsInCommunity: 25
- NumberOfUnitsTotal: 25
- CurrentUse: Multi-Family, Rooming House
- CoveredSpaces: 0
- PossibleUse: Multi-Family
- StructureType: Multi Family
- WaterfrontFeatures: Boardwalk Area
- RoadSurfaceType: Sidewalks
- MlsStatus: Active
- Road surface type: Sidewalks
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$353,900
2% more+$7,078
With Zillow Showcase(estimated)$360,978