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$ 149,000
Est. payment | /mo
$ 149,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 588237
Annual Tax Amount $9,734
Tax Year 2024
Property Description
Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District!! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted to 1 or 2 more residential apartments, or convert all three upper floors into one large luxury home. Location has major Air bnb potential in the up and coming nightlife block in AC. Could also be torn down to a lot and used for your own vision. As-is Sale ONLY, Bldg is entirely vacant. Buy now with a few Bitcoins. No more showings, building has been completly secured and boarded up.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Beach Block,Boardwalk Area,Water View
Interior
Heating Oil, Underground Tank
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by WEICHERT REALTORS ASBURY GROUP-AC
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