Read our latest Real Estate Market Report for Q4 - 2018
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Read our latest Real Estate Market Report for Q4 - 2018

MLS® ID: 511256

123 Oriental Ave Ave

Atlantic City, New Jersey, 08401

$425,000 Active
  • - SQFT
CHECK OUT THIS MONEY-MAKING MACHINE. This Is A Fantastic Opportunity To Take The Reins Of A Spacious, Fully Renovated Duplex On An Extra-Wide Lot Completed In 2017 And Intended To Serve As A Combination Owner/Renter Top/Bottom Use. This Property Is Located A Block Away From Both The Ocean And The Inlet, Where The Recent Reopening Of The Ocean Casino Has Awoken That High-Potential Pocket Of Atlantic City. Renting ONLY The Top Unit, The Owner Has MORE THAN $25K IN GROSS RENTAL INCOME FROM FEBRUARY TO NOVEMBER. While The Bottom Unit Has Been Used Exclusively By The Owner, It Has The Same Amount Of Square Footage And Similar Income Potential. The Second Floor, Which Serves As A Rental Unit, Has Four Bedrooms And Two Baths, The First Floor Has Three Spacious Bedrooms and Two Full Bathrooms. Both Units Feature Gorgeous Oak Flooring, Fully Updated Kitchens With Stainless Steel Appliances, Five-Panel Hardwood Doors, More Than Two Dozen Newly Installed Double-Hung Windows, Five Fully Modernized Bathrooms, Plus Wainscot Walls And Subway Tiling Touches Throughout That Make This A True Pearl. The Renovation Also Lands You New HVAC Systems And Water Heaters For Both Units, And There Is A Full-Sized Basement With Large Washer & Dryer Units. To Top It Off Is A One-Car Garage Along With Enough Driveway Space To Fit At Least Three More Cars.
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Listing courtesy of WEICHERT REALTORS ASBURY GROUP-OC

Amenities

  • Zip
    08401
  • Office name
    WEICHERT REALTORS ASBURY GROUP-OC
  • Property type
    Multi-Family
  • Lot size
    41
  • Office ID
    559
  • Agent ID
    11356
  • Agent name
    DENNIS DEITCH
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Area
    Atlantic City
  • Acreage Range
    20 – 50 acres

Location

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