Address
2407 Arctic Avenue, Atlantic City, NJ
Price
$ 549,000
Property Attributes
- MLS#NJAC2011028
- TypeCommercial
- CountyATLANTIC
- CityAtlantic City
- AreaAtlantic City
- Zip08401
- StyleApartment Building
- Year Built1920
- Taxes$ 7415
- Price$ 549,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3412
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!
| Price History | |
|---|---|
| 1/18/2024 | Listed $549,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Possession | Immediate |
| Zoning | NC-1 |
| Construction Materials | Frame |
| Year Built | 1920 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Business Type | Apartment Building |
| Accessibility | None |
| County | ATLANTIC |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-03T11:18:48 |
| City | ATLANTIC CITY |
| Buyer Agent Compensation | 2.5 |
| MLS Area | Atlantic City (20102) |
| Lot Size Square Feet | 1873.00 |
| Tax Assessed Value | 208000.0 |
| Waterfront Y/N | No |
| Street Name | ARCTIC |
| Tax Annual Amount | 7415.0 |
| Price Per Sq Ft | 160.9 |
| Vacation Rental Y/N | No |
| Days on Market | 107 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00047 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 3412.00 |
| Lot Dimensions | 25.00 x 75.00 |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 37500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08401
Price
Taxes
Visits
Year Built
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