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517 N Indiana Avenue

ATLANTIC CITY, NJ 08401
  • $339,900
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: NJAC2008244
$339,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,984
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Great investment with amazing cash flow!! The property has been completely renovated in the past two years and has newer heating, plumbing, roof, electric, kitchen, bath, siding, and more. Tenant occupied (all tenants paying on time). Features 3 conforming units, one -3br 2ba and two -2br1ba. All units are metered separately, have occupancy permits, and are in good condition. COCR ROI 17.63%, Monthly Cash flow $1,465, Caprate 11.79%

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-27T23:50:38.75.
www.lisasellsdelaware.com/homes/139451383
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517 N Indiana Avenue ATLANTIC CITY, NJ 08401

  • Price: $339,900
  • Status: Active
  • On Site: 16 Days
  • ID#: NJAC2008244
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,984
SQFT
$171
$/SQFT
1900
Built
Neighborhood:
Atlantic City (20102)
County:
Atlantic
Area:
Atlantic City (20102)
School District:
Atlantic City Schools
Property Description
Great investment with amazing cash flow!! The property has been completely renovated in the past two years and has newer heating, plumbing, roof, electric, kitchen, bath, siding, and more. Tenant occupied (all tenants paying on time). Features 3 conforming units, one -3br 2ba and two -2br1ba. All units are metered separately, have occupancy permits, and are in good condition. COCR ROI 17.63%, Monthly Cash flow $1,465, Caprate 11.79%
Exterior Features

Architectural Style Other Construction Materials Other Garage YN No Parking Types Off Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1984 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Fireplaces Total 0 Heating Baseboard - Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2 Units Furnished None

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Existing Lease Type Yearly Foundation Details Slab Heating Fuel Natural Gas Hot Water Electric Municipality Atlantic City Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 33972.00 Operating Expense Includes InsuranceTrash Original MLSNumber 802320234184 Owner Pays SewerTaxes - Real EstateWater Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Triplex Rent Control YN Yes Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 4509.00 Tax Assessment Amount 119400.00 Tax Lot 00007 Total Actual Rent 51564.00 Vacation Rental YN No Water Average Monthly 47 Water Last12 Months 560.00 Water Source Public Zoning R-1

Listing courtesy of Exp Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-27T23:50:38.75.
 
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