Virtual Tour

129 S Kingston Ave , Atlantic City NJ

$999,000 | $4,604 / Month*

Courtesy of BHHS FOX and ROACH-Margate
MLS #552198

Location

Features

Details
Garage/Parking: None
Included: Partially Furnished
Property Location: Beach Block
Foreclosure: No
Exterior Construction: Vinyl
Exterior Features: Beach Access, Boardwalk Access, Fenced Yard, Ocean View, Porch, Sidewalks
Basement: Finished, Full, Inside Entrance
Location: Beach Block
Exterior Features
Construction: Vinyl
Utilities
Cooling: Window Units
Heating: Electric, Gas-Natural, Oil, Tank Above Ground
Sewer Type: Public Sewer
Units Information
Units: 12

BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. Ideal for winter and summer occupants. Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. 10 studios, 1 - 3 bedroom 1 -1 Bedroom. Long standing tenants with leases. Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. Gross approximately $9,000 per month. State inspection valid. No outstanding issues. Owner may be able to hold financing to qualified buyers 65% down. Video Tour https://youtu.be/b2-Z4PItyGA

My Notes

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