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14% Double Digit Cap-Rate Property based on 2023 FMR!! 30% Cap on AirBnB Estimates!!!!!! Bungalow Park Detached LEGAL Duplex - Prime location for AirBnB or even an Owner Occupant who wants to live in the unpstairs vacant 3bdrm unit! No HOA Fees & Super Low Taxes!! Main features of the house include real hard wood flooring, a large covered front porch, extra wide sidewalks, plenty of street parking, a shared driveway, one car attached garage, and a large fenced in backyard. Ground floor two bedrom is currently rented at $725.00 a month, tenant seems willing to move. Being sold as-is, Buyer resonsible for their own CO or any other certs. Income and Expense Pro-Forma and Estimated AirBnB Pro-Forma available to qualified buyers. What makes this property so profitable to landlords is its prime location, smack down in the middle of the Bungalow Park Neighborhood, surounded by the Borgata, Harrahs, Golden Nugget, Farleys Marina, Absecon Lighthouse, Little Water Distillery, Seed Brewery, Ocean Resort, ShowBoat, the New Waterpark, Hardrock & Steel Pier, Resorts & Margaritaville, AC Aquarium, AC Bar and Grill, Tony Bolognes, Gardners Basin, Back Bay Ale House, Gilchrest, Fishing Jettys & Peirs, Inkwell Beach, and of course the Beach and World Famous Boardwalk!!! Cash, Hard Money, or conventional Financing only, no FHA. Buy it with a few of your bitcoins, or contact us about private financing starting as low as 10%. There are no rental or pet restrictions, No HOA Fees, No Parking Fees, Buy now and start making tons of cash on sites like VRBO and Airbnb, or use this as your private Shore Town getaway for your family and friends and enjoy the best amenities that Atlantic City has to offer!!

Property Details of 441 N New Jersey Avenue

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Listed by GERARD (Jerry) BARKER of WEICHERT REALTORS ASBURY GROUP-AC

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 "Based on information submitted to South Jersey Shore Regional MLS as of February 28, 2024 7:34 PM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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