3536 Pacific Avenue
$1,599,000
—
7,055
7,055
$227
Description
Investment Opportunity: 100% Occupied Multifamily Property This well-maintained property boasts great yearly income and is fully occupied. Significant upgrades have been made to enhance both aesthetics and functionality, including modernized hallways and common areas featuring new ceiling lights, fire exit lights, and a comprehensive camera system. The building also features a new 20-year roof with updated metal and drainage systems. With an impressive cap rate, this property is a strong contender...Investment Opportunity: 100% Occupied Multifamily Property This well-maintained property boasts great yearly income and is fully occupied. Significant upgrades have been made to enhance both aesthetics and functionality, including modernized hallways and common areas featuring new ceiling lights, fire exit lights, and a comprehensive camera system. The building also features a new 20-year roof with updated metal and drainage systems. With an impressive cap rate, this property is a strong contender in today’s market. Please see the enclosed income and expense statements. Ideally located on Pacific Avenue, this property benefits from proximity to the new buildings of Stockton University, oceanfront condominiums, and the renowned Knife and Fork restaurant, ensuring easy access to key attractions and major entryways.
- Listed by Mary Lou Ferry Wimmer • FARLEY and FERRY REALTY, INC
- Listed by ANDI SINDERBRAND • FARLEY and FERRY REALTY, INC
Property Details for 3536 Pacific Avenue
City/Community
Atlantic City
ClassMULTI-FAMILY
Parking - ExteriorNone
Waterfront (Y/N)No
LISTING UPDATED: 10/09/2024 03:43 PM
Property Details for 3536 Pacific Avenue
Status | Active |
---|---|
MLS # | 589789 |
Days on Market | 29 |
Taxes | $19,331 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / 11 - 20 Units |
Year Built | 1930 |
Lot Size | 0.11 AC / 5,000 SF |
County | Atlantic County |
Building Information for 3536 Pacific Avenue
Stories-Residences14Year Built1930Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 3536 Pacific Avenue
Property History for 3536 Pacific Avenue
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 3536 Pacific Avenue
Taxable ValueLand$210,000Additions$350,000Total$560,000
Tax Record2023$19,964 ($1,664 / month)
Home Facts
Total Finished SqFt7,055 SqFtAbove Grade Finished SqFt7,055 SqFtStories2Lot Size5,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningGRACountyATLANTICAPN02 00022-0000-00002
Schools near 3536 Pacific 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 |
---|---|---|
Richmond Avenue Elementary 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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