BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental

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Lot Off Market

129 S Kingston Ave

Atlantic City, New Jersey 08401

Atlantic County Ocean View: Yes

Community: 

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$799,000 0.000 acres

BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. - Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. - Ideal for winter and summer occupants. - Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. - 10 studios, 1 - 3 bedroom 1 -1 Bedroom. - Long standing tenants with leases. - Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. - Gross approximately $9,000 per month. State inspection valid. - No outstanding issues. - Owner may be able to hold financing to qualified buyers 65% down. - Video Tour - - 10 units have bathrooms no kitchens

  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Property Taxes: $13,376
  • MLS #: 552198
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Contact Information:
Beach Lot Off Market in Atlantic City, New Jersey
Ad Number: 1656193
Viewed 149 times.
Updated: Oct 18, 2021

This property is a Lot located at 129 S Kingston Ave, Atlantic City, New Jersey 08401, and is currently Off Market at $799,000.

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