Atlantic City, NJ 08401,129 N MORRIS AVE
Atlantic City, NJ 08401,129 N MORRIS AVE
Atlantic City, NJ 08401,129 N MORRIS AVE
43
$540,000
$540,000
Est.Price: ?

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3,221 SqFt

129 N MORRIS AVE Atlantic City, NJ 08401

Est. payment /mo
SOLD DATE : 09/30/2024

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Key Details

Sold Price $540,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,221 sqft

Price per Sqft $167

MLS Listing ID NJAC2012902

Sold Date 09/30/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $9,625

Tax Year 2023

Lot Size 1,246 Sqft

Acres 0.03

Lot Dimensions 15.56 x 80.00

Property Description

Discover an exceptional investment opportunity in Atlantic City, NJ. This multifamily property features six units, perfectly combining convenience and comfort in a prime location. The five one-bedroom apartments each include a bedroom, bathroom, kitchen, and living room, while the spacious studio apartment adds versatility to the mix. Situated on a prominent corner lot, this property offers an unbeatable position in the center of Atlantic City.

Perfect proximity to all amenities, including restaurants, casinos, waterfront, all within walking distance.

This property is in a High Demand Area: Thanks to its central location and varied unit types, this property is set for high occupancy rates and consistent rental income.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning R-3

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00346-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tamra Butler • EXP Realty, LLC
Bought with NON MEMBER • Non Subscribing Office

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Bradley Perez

Agent | License ID: 1972347

+1(609) 383-5668

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