Property Description

Attention Investors! Take advantage of this opportunity to take over a 100% turn-key, professionally managed, AirBnB property. 3 bedrooms, 1.5 bathrooms, fenced in yard/patio/driveway, 2nd story balcony with expansive views of the city skyline. Sold completely furnished and equipped with $10,000 worth of appliances, furniture, electronics, and supplies. Ready to go on day 1. Home was completely renovated and everything in the home is brand new. Walking distance to Convention Center, Train Station, Casinos, Outlets, Boardwalk & Beach. The property has grossed $42k and netted $20k through the pandemic and 1.5 month Airbnb shutdown. 4.82 stars rating on AirBnB… Taxes are LESS THAN $1500/year! (Even after the 2020 reassessment). Amazing 12% cap rate with plenty of room to grow!

Features
: Electric
: Two car
Address Map
US
NJ
Atlantic
Atlantic City
08401
Dr Martin Luther King
417
MLS Addon
Active
2 Story
Hardwood
Public
Public Sewer
Deck,Fenced Yard,Patio
None
JEFFREY
QUINTIN
Keller Williams Realty Jersey Shore-Ocean City
Yes
975

Residential For Sale

417 Dr Martin Luther King, Atlantic City, New Jersey 08401

3 Bedrooms
1 Bathrooms
$225,000
Listing ID #543428
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 543428
Price : $225,000
Bedrooms : 3
Bathrooms : 1
Half Bathrooms : 1
Agent info
Peter Madden
200 34th St.
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