Sold: Sep 30, 2024 - Adult 55+
Address
24 N Montpelier Ave, Atlantic City, NJ
Price
$ 425,000
Property Attributes
  • MLS#586408
  • TypeMulti-Family
  • Listing Status Sold
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style4 - 10 Units
  • Price$ 425,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
South Jersey Shore Regional MLS (SJSRMLS)
Property Description

Location: Situated in the desirable Chelsea area, known for its amenities and accessibility [6]. Occupancy: All 4 units are currently occupied, indicating stable rental income potential [6]. Building Condition: Recently passed state inspection and features a new roof installed last year, ensuring reduced immediate maintenance costs [6]. Investment Potential: The combination of location, occupancy rate, and recent improvements makes it a promising investment opportunity. Please call or email for further information. This will be a short Sale

Price History

General Features

Water Public
Tax Year 2023
Status Sold-In House
Area Atlantic City
Type 4 - 10 Units
Class MULTI-FAMILY
Sewer Public Sewer
Taxes 7130
Waterfront No
Heating Gas-Natural
Status Sold
Garage None

Interior Features

# of 3 Bedroom Units 1
Basement 6 Ft. or More Head Room,Finished,Full,Outside Entrance
# of Units 4
# of 1 Bedroom Units 3

Exterior Features

Driveway Concrete
Lot 3
Separate Meters Electric,Gas
Lot Dimensions 30 x 92

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08401

Price
AVG $690K
$430K