$448,000

1401 Memorial

Atlantic City NJ, 08401

Description

32% Cap Rate!! 25 Unit Rooming House with 22 licensed rooms and 3 apartments. One block to the beach and boardwalk, behind St. Nicolas Church and across from the Orange Loop Project. Close to Hardrock, Showboat, Ballys and Ceasers. Income and Expenses available upon request.

Details

MLS#531933
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site390

Features

Units25
Building(s)1
Loading Form
Loading Form
Area Information
StateNJ
CountyAtlantic
CityAtlantic City
Zip Code08401
AreaAtlantic City
Listing VS Median (in 08401)
Price:
$448,000
low | high
Med:
$130,000
100% of Average
On Site:
390
low | high
Med:
11
100% of Average
Listing Updated: January 25, 2021 8:08:26 PM PST
GERARD (Jerry) BARKER LogoMLS Number: 531933
Listing Provided By:
GERARD (Jerry) BARKER  of  WEICHERT REALTORS ASBURY GROUP-AC
The information is being provided by South Jersey Shore Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2021 South Jersey Shore Regional MLS. All Rights Reserved.