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Sold for $800,000 on 06/30/22
  • $800,000

    22-24 S Pennsylvania Ave, Atlantic City, NJ 08401

    9beds
    8baths
    6,750sqft
    Retail
    Built in 1930
    -- sqft lot
    $942,000 Zestimate®
    $119/sqft
    $1,318 Estimated rent

    What's special

    Attention investors, check it out at 22-24 S. Pennsylvania ave with 4 apartments and 2 commercials units to bring the cash flow to your investment portfolio. The building was totally renovated few years ago, the layout consisted with 3 apartments has 2 bedrooms and 1.5 bath and one unit with Penthouse, 3 bedroom and 2 full bath. Modern kitchen style, hardwood floor through out, central air/heat, washer and dryer in each unit. The two commercial store on the 1st floor has own HVAC unit. all 6 units features tankless gas hot water system, sperate utilities for each unit. fully occupied with cap rate almost at 9%. This is one of kind building, contemporary finished, located across from the hard rock casino. Schedule your appointment.

    Zillow last checked: 7 hours ago

    Listing updated: November 14, 2022 at 10:05am

    Listed by:

    Andrew Cheng 267-506-7100,

    Keller Williams Realty - Cherry Hill

    Bought with:

    Non Member Member

    Metropolitan Regional Information Systems, Inc.

    Source: Bright MLS,MLS#: NJAC2003630MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 6,750
    • Total interior livable area: 6,750 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Pool features: None
    Lot
    • Size: 1,329 sqft
    • Dimensions: 16.62 x 80.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 020013800008
    • Zoning: CBD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Retail
    Materials
    • Block, Brick
    • Roof: Rubber
    Condition
    • Very Good
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Atlantic City
    • Municipality: ATLANTIC CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Professional Offices
    • Listing terms: Cash,Conventional,Other
    • 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 .

    $942,000
    2% more+ $18,840
    With Zillow Showcase(estimated)
    $960,840