143 S Carolina Ave , Atlantic City NJ

$1,900,000 | $8,756 / Month*

Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
MLS #550783

Location

Features

Details
Appliances/Equipment: Electric Stove, Refrigerator
Garage/Parking: None
Property Location: Beach Block, Boardwalk Area, Water View
Foreclosure: No
Exterior Construction: Brick
Exterior Features: Beach Access, Boardwalk Access, Curbs, Ocean View, Recreation Area, Sidewalks
Basement: 6 Ft. or More Head Room
Location: Beach Block, Boardwalk Area, Water View
Exterior Features
Construction: Brick
Utilities
Heating: Gas-Natural, Radiator
Sewer Type: Public Sewer
Units Information
Units: 24

Fully occupied 24 Unit, 4 story brick apartment building on beach block. Same grid as the beach, boardwalk, public transportation and next street from Resorts Casino. Walking distance to Hard Rock, and Ocean Resort Casino. Some of the recent repairs done on the building include a high efficient boiler, roof, stucco, steel gates, security cameras, windows, and plumbing. A planned 100 MILLION Dollar water park is approved at Showboat. This will create more jobs and increase undervalued rents resulting in an increased cap rate on this building. Atlantic City property values are on the rise. Buy now before prices go higher.

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