113 South Tennessee Avenue

Atlantic City, NJ 08401

$575,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment opportunity knocking! 2 commercial stores with 5 apartments above it. Ground floor commercial units, one is vacant and the other is rented. Two out of the Five residential units are occupied so you can put new tenants in at todays rental rates! Be part of the redevelopment that has been going on in the up and coming Tennessee Avenue. Easy to show and seller is motivated!Investment opportunity knocking! 2 commercial stores with 5 apartments above it. Ground floor commercial units, one is vacant and the other is rented. Two out of the Five residential units are occupied so you can put new tenants in at todays rental rates! Be part of the redevelopment that has been going on in the up and coming Tennessee Avenue. Easy to show and seller is motivated!
  1. Listed by ANTHONY MIRANDA • VALENTINO REALTY
  2. Listed by EUGENE WILLIAMS III • VALENTINO REALTY

Property Details for 113 South Tennessee Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 11/15/2024 02:29 PM

Property Details for 113 South Tennessee Avenue

StatusActive
MLS #590461
Days on Market21
Taxes$12,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.06 AC / 2,400 SF
CountyAtlantic County

Building Information for 113 South Tennessee Avenue

Stories-Residences7Year Built-Building Size-Lot Size0.06 AC / 2,400 SF

Property Information for 113 South Tennessee Avenue

Summary
Location and General Information
  • Address: 113 S Tennessee Ave
  • Address Direction: S
  • Address Number: 113
  • Address Search Number: 113
  • Address Street: Tennessee
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Beachblock Tennessee Avenue, property on left
  • Fips Code: 34001
  • Location: Beach Block
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401-0000
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 10-30-2024
  • Tax Year: 2024
  • Taxes: 12200
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 54
  • Lot #: 6
  • Lot Dimensions: 48x50
Property and Assessments
  • Associated Document Count: 0
  • Improved Value: $263,400
  • Land Value: $90,000
  • New Construction: No
  • Total Assessment: 353400
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Interior Features
  • Air Conditioning: Window Units
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • Annual Taxes: 12,200
  • Limited Service (Y/N): No
  • Number Of Units: 7
  • Separate Meters: Electric, Gas
  • Suitable For: Other (See Remarks)

Property History for 113 South Tennessee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 113 South Tennessee Avenue

Taxable ValueLand$90,000Additions$263,400Total$353,400
Tax Record2023$12,599 ($1,050 / month)
Home Facts
Total Finished SqFt4,815 SqFtAbove Grade Finished SqFt4,815 SqFtStories2Lot Size2,409 SqFtStyleMiscellaneous CommercialYear Built1930ZoningRS-CCountyATLANTICAPN02 00054-0000-00006

Schools near 113 South Tennessee Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
New York Avenue School
PublicPK to 8

Atlantic City High School
Public9 to 12

Our Lady Star Of The Sea Regional
PrivatePK to 8

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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113 South Tennessee Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on October 30, 2024 by VALENTINO REALTY, it's currently listed at $575,000. It has been on the market for a total of 21 days and was last sold on September 23, 2004. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School, Atlantic City High School and Our Lady Star Of The Sea Regional. 113 South Tennessee Avenue is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VALENTINO REALTY

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.