517 N New York Ave, Atlantic City, NJ 08401
- $139,900
- 3
- BD
- 1
- BA
- List Price
- $139,900
- MLS#
- 611772
- Status
- ACTIVE
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Range
- Less than One Acre
- Region
- Atlantic City
- City
- Atlantic City
Property Description
The Opportunity Secure a cash-flowing asset in the high-demand rental market of Atlantic City. This property presents an exceptional opportunity for buy-and-hold investors looking for immediate, reliable returns, or owner-occupants seeking a flexible path to residency. Investment Highlights Guaranteed Cash Flow Generates $1,800/month in immediate rental income Elite Tenant History Occupied by long-term, highly reliable tenants with a 100% on-time payment history High-Margin Efficiency Very low property taxes maximize your net operating income (NOI) and cap rate Available for possession with a 60-day closing Interior marketing photos were taken prior to the current tenancy to showcase the baseline layout . The present condition of the home may differ from what is shown in these historical photos.
Additional Information
- Style
- 2 Story
- Lot Dimensions
- 16 x 50
- Appliances
- Gas Stove, Refrigerator
- Heating
- Gas-Natural
- Parking Description
- None
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Listing courtesy of GRACE PROPERTIES.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than Stewart Vaughan Real Estate are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed accurate but not guaranteed.
Copyright 2019 South Jersey Shore Regional Multiple Listing Service.
All rights reserved.