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$ 243,900
Est. payment /mo
Active
1406 Madison Ave Ave Atlantic City, NJ 08401
2 Baths
UPDATED:
01/16/2025 02:40 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 592163
Full Baths 2
Annual Tax Amount $4,315
Tax Year 2024
Property Description
Investors take note of this opportunity in Venice Park, Atlantic City! This legal duplex represents a fantastic investment option for rental income, whether through Airbnb or annual rental agreements. Unit 2, located upstairs, features two bedrooms on the main floor and either one bedroom or a loft on the third floor. Both the kitchen and bathroom have been renovated, and the house is undergoing additional renovations. There is a new front porch, a deck at the back of the house, and a new terrace/porch on the third floor. Additionally, the HVAC system is just one year old, and there are newer kitchen appliances. Ground-level Unit 1 is framed for a two-bedroom apartment, which includes a kitchen and one bathroom. Renovations are needed throughout this unit. The buyer is responsible for all certifications, inspections, and the Certificate of Occupancy. This property is easy to show, with a lockbox on the front door of Unit 2. Please call showing time to schedule a viewing.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details See Remarks
Rooms
Other Rooms Dining Area, Kitchen, Living Room, Loft
Interior
Heating Forced Air, Gas-Natural
Exterior
Exterior Feature Brick, Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by BHHS FOX and ROACH-Northfield