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  • $325,000

    1816 Hummock Ave, Atlantic City, NJ 08401

    7beds
    --baths
    --sqft
    Duplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,490 Estimated rent

    What's special

    The money maker! This recently renovated duplec features a two story 4bdrom unit and a ground floor 3bdrm unit. Upstairs currently has tenants in place, and the ground floor is currently vacant, newly renovated, CO ready, no stairs and no carpet, has tiled flooring throughout the whole unit. Freshly painted and newer kitchen cabinets, counters, and applicances. Plenty of parking along the side of the property as well as street parking. Tenants only pay Electric! Both units are Section 8 approved, even the three bedroom is large enough for a family of 8!! At this price along with the new rents for 2025, this property is being sold a 15-18% Cap Rate!!! Unheard of gains for a duplex!!! Super low taxes, low maintanace property! Income and Expenses are available up request to qualified buyers. This property sits on a large L shaped lot that may be subdividable, a Survey is also available upon request to qualified buyers. The property also has its Lead Free Cretificate issued by the State allready in place. This is a legal duplex, and approved Land Uses are allready in place with the City. There should be no issues at all with this property, this is basically a turn key investment for beginners and experienced landlords alike!!

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2025 at 12:23pm

    Listed by:

    GERARD (Jerry) BARKER,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    Christopher (Chris) Ponteri, 1972946

    Source: SJSRMLS,MLS#: 591120MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Heating
    • Baseboard
    Appliances
    • Included: Electric Stove, Refrigerator, Self Cleaning Oven
    Features
    • Pantry
    • Basement: Crawl Space
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Features
    • Patio & porch: Deck, Patio, Porch
    • Waterfront features: Boardwalk Area
    Lot
    • Size: 2,375 sqft
    • Dimensions: 25 x 95 irr
    Details
    • Parcel number: 2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Atlantic City

    Other

    Other facts
    • Available date: 11/27/2024
    • Road surface type: Sidewalks
    Services availability
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