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23 S KENTUCKY AVE Atlantic City, NJ 08401
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Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,795 sqft
Price per Sqft $121
MLS Listing ID NJAC2012696
Sold Date 11/29/24
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $15,243
Tax Year 2023
Lot Size 3,045 Sqft
Acres 0.07
Lot Dimensions 35.00 x 87.00
Property Description
*** Group Investor Tour Wednesday 9/4/24 at 1pm SHARP! *** PRICE IMPROVEMENT ON THIS AMAZING OPPORTUNITY! *** Discover a prime investment opportunity in Atlantic City's vibrant Casino district! This mixed-use apartment building offers a fantastic chance to own a piece of this bustling area. The property includes nine one-bedroom apartments and two storefronts, with eight of the eleven units fully renovated. Two apartments are currently rented at $1,350 on a month-to-month basis. The remaining units, previously used as Airbnbs, are renovated and furnished. The building features a comprehensive security camera system covering both the interior and exterior. Each unit is equipped with separate gas and electric meters. The building is serviced by one main heating boiler system and two water heaters. Don't miss out on this real estate jackpot - call today for details and to be notified of a planned upcoming investor group tour!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning KAR
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00151-00019
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with Joseph Colella • EXP Realty, LLC
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