Profitable investment opportunity with cap rate of 12%, the yearly net profit is $55,000+. Old house charm! Downstairs is rented year around for $1,400 a month and the tenant pays their own utilities (3 BED 1 BATH). The second floor is rented through Airbnb (4 BED 2 BATH) The second floor sells fully furnished. Excellent location two blocks from the beach and boardwalk and Stockton college.
Sold for $400,000 on 10/06/23
$400,000
5 N Hartford Ave, Atlantic City, NJ 08401
7beds
3baths
--sqft
Duplex
Built in 1920
-- sqft lot
$529,800 Zestimate®
$--/sqft
$2,835 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 06, 2023 at 01:28pm
Listed by:
KATHERINA GRIKO,
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Bought with:
KATHERINA GRIKO, 1325075
Source: SJSRMLS,MLS#: 576187
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 1
- Parking features: None
Features
- Patio & porch: Patio, Porch
Lot
- Size: 4,080 sqft
- Dimensions: 30 x 136
Details
- Parcel number: 259
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Atlantic City
Other
Other facts
- Available date: 07/24/2023
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$529,800
2% more+ $10,596
With Zillow Showcase(estimated)
$540,396