3625 Winchester Ave , Atlantic City NJ

$379,000 | $1,747 / Month*

Courtesy of FARLEY and FERRY REALTY, INC
MLS #555770

Location

Features

Details
Appliances/Equipment: Gas Stove, Refrigerator
Garage/Parking: None
Foreclosure: No
Exterior Construction: Brick Face
Exterior Features: Curbs
Basement: Crawl Space
Exterior Features
Construction: Brick Face
Utilities
Cooling: Electric, Window Units
Heating: Gas-Natural, Hot Water, Radiator
Sewer Type: Public Sewer
Units Information
Units: 4

INVESTORS OPPORTUNITY well maintained 4 Unit Semi-detached building in good condition, several units have been up-dated Located in the desirable University District fully occupied with a 9% CAP rate based on listing price. Tenants pay electric, landlord pays for heating. UNIT#4 3rd floor Three bedrooms 1-bath unit $1250 per month UNIT #3 2nd floor Three bedrooms 1 bath unit $1300 per month UNIT #1A Ground level One-1 Bedroom 1- bath unit $850 per month UNIT #2A Ground level Studio Unit $650 per month Gross Income $48,600, Annually Expenses provided by Seller Includes Tax's & Insurance, water/sewerage and heating expense annually. $14,026 NET INCOME $34,524 Sold As Is Excel spread sheet with rent roles and expenses available provided by seller This property based on location and return on investment offers investors a solid return monthly. 48 Hours Notice to show

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