$160,000
7 North Florida Avenue Atlantic City, NJ 08401
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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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Listed by Linda Thell • EXP Realty, LLC • (866) 201-6210
$160,000
Est. payment /mo
UPDATED:
01/16/2024 08:46 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24001589
Annual Tax Amount $3,777
Property Description
Building lot now available, zoned and town-approved for a 9 unit apartment building. This exclusive offering includes not only the building lot but also comes bundled with town-approved architectural plans, site plans, and building plans, streamlining the development process for a seamless transition from acquisition to construction. Envision the potential as each unit targets a rent of $1,400, projecting an impressive gross rental income of approximately $151,200. Situated in an unbeatable location, this property is poised to capitalize on the vibrant attractions and entertainment of Atlantic City, mere moments away. Convenience meets luxury, as the meticulously designed apartments are tailored for modern living, providing tenants with stylish and comfortable living spaces that are sure to leave a lasting impression.Act now and transform this building-lot into a lucrative investment for years to come.
Location
State NJ
County Atlantic
Area Atlantic City
Zoning Com/Com
Exterior
Waterfront Description None
Improvements O/See Remk
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Garima Verma
Broker / Owner | License ID: 1859462
Broker / Owner License ID: 1859462