23 S KENTUCKY AVE, Atlantic City, NJ 08401 - MLS#NJAC2012696

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

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Ashley Brosnahan

ashley@bethanybeach-homes.com +1(302) 841-4200

$ 895,000

Est. payment | -/mo

6,795 SqFt

Save

$ 895,000

Est. payment | -/mo

Save

6,795 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 6,795 sqft

Price per Sqft $131

MLS Listing ID NJAC2012696

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $15,243

Tax Year 2023

Lot Size 3,045 Sqft

Acres 0.07

Lot Dimensions 35.00 x 87.00

Property Description

*** Group Investor Tour Wednesday 9/4/24 at 1pm SHARP! *** PRICE IMPROVEMENT ON THIS AMAZING OPPORTUNITY! *** Discover a prime investment opportunity in Atlantic City's vibrant Casino district! This mixed-use apartment building offers a fantastic chance to own a piece of this bustling area. The property includes nine one-bedroom apartments and two storefronts, with eight of the eleven units fully renovated. Two apartments are currently rented at $1,350 on a month-to-month basis. The remaining units, previously used as Airbnbs, are renovated and furnished. The building features a comprehensive security camera system covering both the interior and exterior. Each unit is equipped with separate gas and electric meters. The building is serviced by one main heating boiler system and two water heaters. Don't miss out on this real estate jackpot - call today for details and to be notified of a planned upcoming investor group tour!

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning KAR

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00151-00019

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Listed by Carlo Drogo Sr. • EXP Realty, LLC

Ashley Brosnahan

Team Lead | Delaware & Maryland Realtor | RS-RS-0020030

+1(302) 841-4200