507 Adriatic Ave Atlantic City, NJ $ 255,000
507 Adriatic Ave
$ 255,000
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507 Adriatic Ave

Atlantic City, NJ, 08401
$ 255,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,695

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Multi-Family Home for sale in Atlantic City, NJ

for $255,000 with 4 bedrooms.

Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the boardwalk, beaches, and casinos. Bungalow Park is on the rise, increasingly favored for investment and residential purposes. This duplex, is near dining, shopping, and cultural centers, providing all necessities within reach. Sold "as is," it's a smart buy in Atlantic City's upswing. It is ideal for investors seeking to merge lifestyle with opportunity. Inquire today to explore the possibilities at 507 Adriatic Ave.

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Multi-Family Active

Price

$ 255,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

579721

Features
Exterior
Exterior Stucco
Lot 9
Lot Dimensions 25 x 106.25 irr
Storms/Screens Combination Screens
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General
Water Public
Sewer Public Sewer
Heating Baseboard Gas-Natural
Appliances Gas Stove Refrigerator
Status Active Active
Other Rooms Kitchen Living Room
Water Heater Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2022
Garage None
Waterfront No
Area Atlantic City
Location See Remarks
Taxes 3894
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Interior
# of Units 2
# of 2 Bedroom Units 2
Air Conditioning Window Units
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* Excluded Features
List By
Bhhs Fox And Roach-Northfield

Broker

Affordability Calculator

$1,695
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,695
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$255,000 -3.77% Price Down
11/15/2023$265,000 Listed Price

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507 Adriatic Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $255,000. 507 Adriatic Ave has 4 bedrooms and 0.0 baths. The property's zip code is 08401 which is in Atlantic City, NJ