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501-509 N Indiana Ave

Atlantic City, NJ 08401
  • $419,000
  • STATUS: Active
  • ON SITE: 22 days
  • MLS #: 551354
UPDATED: 101 min ago
$419,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

NOW IS YOUR TIME SEIZE THE MOMENT!TREMENDOUS OPPORTUNITY TO INVEST IN ATLANTIC CITY.RENTAL MARKET IS BOOMING W/ INVENTORY SHORTAGE AND TONS OF DEMAND!QUALITY LONGTERM OWNER RETIREMENT SALE! WELL MAINTAINED STORE/APARTMENTS 1,2 AND 3 BEDROOMS IN ALL 6 UNITS INCLUDED IN SALE AND WILL SELL 4 UNIT AND 2 UNIT SEPERATELY. 100% OCCUPANCY NETTING OWNER APPROX $4200/MONTH AFTER ALL EXPENSES. RENT IF CHARGING AT TODAYS PRICES EASILY $6K PER MONT NET! MONTH TO MONTH GOOD COOPERATIVE TENANTS! 3 ADJACENT VACANT LOTS INCLUDED IN SALE ADDING TO GROWTH AND POTENTIAL REVENUE! 501 FOOD MART TURNKEY OPERATIONAL AND BOOMING GROCERY STORE pays $2500 per month on a fiver year lease with the right to renew. MUST PROVIDE SUFFICIENT NOTICE TO VIEW-ONLY WELL QUALIFIED SERIOUS INVESTORS PLEASE! SEE INCOME AND EXPENSE REPORT IN ASSOCIATED DOCS.

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© 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gary Simmens | Keller Williams Atlantic Shore Real Estate. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-06-23T23:49:48.977.
www.garysimmens.com/homes/117767409
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501-509 N Indiana Ave Atlantic City, NJ 08401

  • Price: $419,000
  • Status: Active
  • Updated: 101 min ago
  • MLS #: 551354
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
NOW IS YOUR TIME SEIZE THE MOMENT!TREMENDOUS OPPORTUNITY TO INVEST IN ATLANTIC CITY.RENTAL MARKET IS BOOMING W/ INVENTORY SHORTAGE AND TONS OF DEMAND!QUALITY LONGTERM OWNER RETIREMENT SALE! WELL MAINTAINED STORE/APARTMENTS 1,2 AND 3 BEDROOMS IN ALL 6 UNITS INCLUDED IN SALE AND WILL SELL 4 UNIT AND 2 UNIT SEPERATELY. 100% OCCUPANCY NETTING OWNER APPROX $4200/MONTH AFTER ALL EXPENSES. RENT IF CHARGING AT TODAYS PRICES EASILY $6K PER MONT NET! MONTH TO MONTH GOOD COOPERATIVE TENANTS! 3 ADJACENT VACANT LOTS INCLUDED IN SALE ADDING TO GROWTH AND POTENTIAL REVENUE! 501 FOOD MART TURNKEY OPERATIONAL AND BOOMING GROCERY STORE pays $2500 per month on a fiver year lease with the right to renew. MUST PROVIDE SUFFICIENT NOTICE TO VIEW-ONLY WELL QUALIFIED SERIOUS INVESTORS PLEASE! SEE INCOME AND EXPENSE REPORT IN ASSOCIATED DOCS.
Exterior Features

Garage None Location Corner Lot Dimensions 76.1 X 65 Outside Features Sidewalks Parking Three Or More Cars Siding Exterior Vinyl

Interior Features

Heating Gas-Natural

Property Features

Approved Short Sale N/A Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units New Construction No Rental Information 100 Percent OccupancySee Remarks Sale Or Rent For Sale Sewer Public Sewer Suitable For Multi Family + RoomsOther (See Remarks) Tax Year 2020 Taxes 12100 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Bhhs Diversified Realty.


© 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gary Simmens | Keller Williams Atlantic Shore Real Estate. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-06-23T23:49:48.977.
 
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