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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

    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.

    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#: 580677MLS Logo

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

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