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517 N INDIANA AVE Atlantic City, NJ 08401
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Key Details
Sold Price $330,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,984 sqft
Price per Sqft $166
MLS Listing ID NJAC2008244
Sold Date 07/31/23
Style Side-by-Side
Abv Grd Liv Area 1,984
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,509
Tax Year 2022
Lot Size 1,385 Sqft
Acres 0.03
Lot Dimensions 18.25 x 76.00
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). One 2 BR unit is currently vacant as of 6.30.23. 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%, NOI $39,973, Cap rate 11.79%
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-1
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling Other
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00511-00007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Michael J Lerman • Realty Mark Advantage
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