507 Adriatic Avenue
$249,000
—
1,920
1,920
$130
Description
Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the...Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the boardwalk, beaches, and casinos. Bungalow Park is on the rise, increasingly favored for investment and residential purposes. This duplex, is near dining, shopping, and cultural centers, providing all necessities within reach. Sold "as is," it's a smart buy in Atlantic City's upswing. It is ideal for investors seeking to merge lifestyle with opportunity. Inquire today to explore the possibilities at 507 Adriatic Ave.
- Listed by GORAN CEDEVSKI • BHHS FOX and ROACH-Northfield
Property Details for 507 Adriatic Avenue
City/Community
Atlantic City
ClassMULTI-FAMILY
Parking - ExteriorOff Site Parking
Waterfront (Y/N)No
LISTING UPDATED: 11/09/2024 08:48 AM
Property Details for 507 Adriatic Avenue
Status | Active |
---|---|
MLS # | 579721 |
Days on Market | 372 |
Taxes | $3,894 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / Duplex |
Year Built | - |
Lot Size | 0.06 AC / 2,656 SF |
County | Atlantic County |
Building Information for 507 Adriatic Avenue
Stories-Residences2Year Built-Building Size-Lot Size0.06 AC / 2,656 SF
Property Information for 507 Adriatic Avenue
Property History for 507 Adriatic 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 507 Adriatic Avenue
Taxable ValueLand$30,600Additions$72,500Total$103,100
Tax Record2023$3,676 ($306 / month)
Home Facts
Beds0Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtStories2Lot Size2,656 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-1CountyATLANTICAPN02 00550-0000-00009
Schools near 507 Adriatic Avenue
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 |
---|---|---|
Uptown School Complex 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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