13% Projected Cap-Rate with annual rentals! 23% Cap-Rate with Estimate AirBnB Income!!! - Completly Vacant and Fully Rehabbed 5 Unit Brick Building one Block away from the Hardrock Hotel and Casino, and the Showboat / Waterpark and just 2 blocks away from the Ocean Casino, the Atlantic Ocean and the worlds most famous Boardwalk! This is an ideal location and property for doing AirBnb and Annual rentals or a combination there of. Other option could include buying it to live in the ground floor three bedroom unit and be the onsite landlord for the other four units, possible FHA purchase if this is the case. This property features a basement and seperate Gas and Electric meters for all units. Everything is brand new, All new plumbing, all new electric, new roof, new Furnaces, New Central AC units, new Tankless hot water heaters, new flooring, brand new kitchens and baths with tile floors and backsplashes and stainless steel applianses including gas cooking and dishwasher, even Granite Coutners! No Expenses Spared! Income and Expenses & AirBnB Analysis available to qualified buyers.
Sold for $650,000 on 12/22/23
$650,000
34 N Maryland Ave, Atlantic City, NJ 08401
11beds
--baths
--sqft
Multi Family
Built in 1920
-- sqft lot
$694,000 Zestimate®
$--/sqft
$1,685 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 26, 2023 at 08:39am
Listed by:
GERARD (Jerry) BARKER,
WEICHERT REALTORS ASBURY GROUP-AC
Bought with:
GERARD (Jerry) BARKER, 0448245
Source: SJSRMLS,MLS#: 580677

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Burglar Alarm, Dishwasher, Gas Stove, Refrigerator, Self Cleaning Oven
Features
- Basement: 6 Ft. or More Head Room
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Features
- Waterfront features: Boardwalk Area
Lot
- Size: 1,870 sqft
- Dimensions: 22 x 85
Details
- Parcel number: 22
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System, Burglar Alarm
Location
- Region: Atlantic City
Other
Other facts
- Available date: 12/21/2023
- Road surface type: Sidewalks
Services availability

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$694,000
2% more+ $13,880
With Zillow Showcase(estimated)
$707,880