1 South Delancy Place
1 South Delancy Place
$1,000,000
7
6
3,900
3,900
$256
Description
Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year... OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD...Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year... OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment! Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms... A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!
- Listed by Richard M Lauletta • Real of PennsylvaniaP: 8562785509 richlauletta@gmail.com
- Listed by William B Spinner • Real Broker, LLCP: 8564187852 brandon@njpropertyexchange.com
Property Details for 1 South Delancy Place
Tax ID Number
02-00204-00001
OwnershipFee Simple
Structure TypeDetached
StyleA-Frame
WaterfrontNo
ViewsOcean
GarageNo
SubdivisionATLANTIC CITY
Location
LISTING UPDATED: 05/03/2024 09:20 AM
Property Details for 1 South Delancy Place
Status | Active |
---|---|
MLS # | NJAC2012292 |
Days on Market | 32 |
Taxes | $9,625 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.06 AC / 2,400 SF |
County | Atlantic County |
Location
Building Information for 1 South Delancy Place
Stories-Residences4Year Built1930Building Size-Lot Size0.06 AC / 2,400 SF
Payment Calculator
$6,259 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1 South Delancy Place
Property History for 1 South Delancy Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1 South Delancy Place
Taxable ValueLand$60,000Additions$210,000Total$270,000
Tax Record2022$10,198 ($850 / month)
Home Facts
Total Finished SqFt2,532 SqFtAbove Grade Finished SqFt2,532 SqFtStories2Lot Size2,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningR-2CountyATLANTICAPN02 00204-0000-00001
Schools near 1 South Delancy Place
This home is within Atlantic City Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Richmond Avenue Elementary School PublicPK to 8 | ||
Atlantic City High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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