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$ 270,000
Est. payment | /mo
2 Beds
2 Baths
$ 270,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 593169
Bedrooms 2
Full Baths 2
Year Built 1900
Annual Tax Amount $4,358
Tax Year 2024
Property Sub-Type Duplex
Property Description
Introducing an exceptional investment opportunity tucked within Historic Bungalow Park area of Atlantic City. This 2 family home at 426 N Connecticut Avenue offers a versatile setting for investors seeking a robust addition to their portfolio. With a spacious lot size of 3,100 square feet and an interior floor area spanning 2,080 square feet, this duplex provides ample room and potential for customization, ensuring it a promising investment choice. The home is dated and needs work but has enormous potential. The strategically designed layout features 2 generous bedrooms and 2 bathrooms, easily accommodating varied needs and maximizing living possibilities. The interior's thoughtful configuration facilitates a comfortable and functional living environment, making it ideal for tenants ranging from families to professionals seeking a blend of comfort and convenience. A standout feature is the large detached two-car garage, offering not only secure parking but also additional storage space. This feature is particularly appealing in a bustling city landscape, providing a rare and valuable benefit for prospective tenants. The provision of such substantial parking facilities could also potentially serve as a unique selling point, enhancing tenant retention. This home is located in the Gardner's Basin area of the city, the property is mere moments from key local amenities, enhancing its appeal to potential renters. Just 0.5 miles away, you'll find the historic Atlantic City Boardwalk, renowned for its vibrant entertainment, dining, and retail offerings. Nearby, New York Avenue School, known for its well-rated academic programs, is just a short 0.7-mile drive, adding family appeal to the vicinity. For leisure and outdoor activities, Gardner's Basin, offering a picturesque escape along several harbors where many fishing boats dock and unload is only a short distance away. Relax in the evening and take in the sunset behind the Marina casinos. The unique combination of location, layout, and amenities makes this property a compelling choice for investors aiming to secure steady rental income in a thriving market. If you're an investor seeking a solid opportunity with the promise of return, explore the potential that 426 N Connecticut Avenue offers. This property stands out, not just for its features, but for its strategic positioning within Atlantic City's coveted landscape. Seize the opportunity to invest in a property that combines convenience, versatility, and exceptional location. Contact us today to schedule a viewing or for more detailed information. Property does need updating and is being sold in "As-Is" condition. Don't miss this opportunity to expand your portfolio with a property that promises both immediate and long-term value. Property in Multiple offer Round Process. Highest and best offers due Tuesday 3-4-2025.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Corner
Rooms
Other Rooms Dining Room, Kitchen, Living Room
Interior
Heating Radiator, See Remarks
Exterior
Exterior Feature Vinyl
Parking Features One and Half Car, Detached Garage
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by Vylla Home - Atlantic City