INVESTOR ALERT! Licensed boarding house with over $70,000 rental income. This three floor property has eight rooms, one that includes a private bathroom while the 3 others are shared. Also has a separate three bedroom apartment in lower level.
Last Agent to Sell the Property
BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 11/03/2021
Home Type
Est. Annual Taxes
Home Design
Interior Spaces
Utilities
Additional Features
Community Details
$429,000
Investor Alert!!! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering
Holland Mack 3rd REAL-FAIRFIELD
$375,000
Multiple Offers Received - HIGHEST and BEST due Monday 5/5/2025. Welcome to 57 N Dover, Atlantic City—an exceptional investment opportunity just steps from the beach! This charming duplex features a spacious 3-bedroom, 2-bathroom unit, perfect for families or roommates, along with an additional cozy 1-bedroom, 1-bathroom unit, ideal for generating rental income or accommodating extended family.
Clenvic Cayme CAYME REALTY LLC
$379,000
Great duplex in the nice Chelsea area, close proximity to the school ,Casinos, Shopping at the Walk, Back Bays and the Beaches. Live in one unit while you rent out the other. Both units are rented month to month lease upstairs unit features a large Living Room, Dining Room Kitchen and 4 bedrooms 1full bath an half bath. The Downstairs unit has 1 living 2 bedrooms 1 kitchen and 1 full bath. This
Sala Uddin Vylla Home - Atlantic City
$350,000
Duplex for sale in the Chelsea neighborhood in Atlantic City. Both 4 bedroom apartments are currently 100% occupied: First floor collects $1,500 per month with long term tenant, second floor collects $2,200 per month. The basement is for storage and utilities.
ERIK EWELL NEW ERA REAL ESTATE-D
$379,000
This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is
Goran Cedevski BHHS FOX and ROACH-Northfield
$265,000
Spacious 4-unit corner building featuring three large 4-bedroom units and a 1-bedroom unit, ideally located on a quiet dead-end street behind the Convention Center. Perfect for Airbnb or long-term rentals. Don't your opportunity to own cash flow with the great property in Atlantic City.
Jason Mendez KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
$375,000
Great Investment Opportunity! This spacious 2-story duplex is perfectly situated on the Penrose Canal, offering beautiful views of both the water and the city skyline. The property features two large 3-bedroom units, each with separate utilities and a newer roof. The first-floor unit includes 1.5 bathrooms, a large living room, and a formal dining room. The second-floor unit is recently renovated
Georgeanna Newmones eXp Realty-Atlantic City
$389,000
This is 3 Apartment building upstairs and a commercial downstairs. Used to be a pizza place and the equipment is still in place. The apartments are in very good shape (all rented). Two 2 bedrooms and 1 One bedroom. The commercial site has a brand new electrical system required by the City of AC in order to operate a restaurant. It can easily be a Pizza Parlor or take out restaurant.
Jose Chey BHHS FOX and ROACH-Northfield
$319,900
Welcome to Bungalow Park! Right by the beach & bay, this multi family home has both short term and long term rent potential. Includes a storage room outside. PRIME LOCATION: only minutes from the beach, shopping centers, public transportation, Stockton University and AtlantiCare Hospital. The seller is in the process of converting this into a legal duplex. It will be done before the sale.
ERIK EWELL NEW ERA REAL ESTATE-D
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $485,000 | First American Title | |
| Deed | $349,000 | University Title | |
| Deed | -- | Title Co Of Jersey Northfiel | |
| Deed | $178,500 | The Title Co Of Jersey | |
| Sheriffs Deed | $61,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Previous Owner | $279,200 | New Conventional | |
| Previous Owner | $185,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $485,000 | -14.8% | $171 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 12/07/2023 12/07/23 | For Sale | $569,000 | +63.0% | $200 / Sq Ft |
| 03/14/2022 03/14/22 | Sold | $349,000 | 0.0% | $123 / Sq Ft |
| 02/15/2022 02/15/22 | For Sale | $349,000 | 0.0% | $123 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $349,000 | -- | $123 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,801 | $312,900 | $61,000 | $251,900 |
| 2023 | $11,818 | $312,900 | $61,000 | $251,900 |
| 2022 | $11,818 | $312,900 | $61,000 | $251,900 |
| 2021 | $12,206 | $312,900 | $61,000 | $251,900 |
| 2020 | $12,309 | $312,900 | $61,000 | $251,900 |
| 2019 | $9,960 | $250,000 | $165,000 | $85,000 |
| 2018 | $8,833 | $250,000 | $165,000 | $85,000 |
| 2017 | $8,553 | $250,000 | $165,000 | $85,000 |
| 2016 | $9,650 | $250,000 | $165,000 | $85,000 |
| 2015 | $8,555 | $250,000 | $165,000 | $85,000 |
| 2014 | $8,370 | $250,000 | $165,000 | $85,000 |
Seller's Agent in 2024
Sheldon Grace
GRACE PROPERTIES
(609) 485-2262
5 in this area
61 Total Sales
Seller's Agent in 2022
Paula Hartman
BHHS Fox & Roach
(609) 487-7234
102 in this area
772 Total Sales
Seller Co-Listing Agent in 2022
Todd Gordon
BHHS FOX and ROACH-Margate III
(609) 553-5098
104 in this area
453 Total Sales
Source: South Jersey Shore Regional MLS
MLS Number: 557105
APN: 02-00194-0000-00016
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