709 Adriatic Ave Atlantic City, NJ $ 389,000
709 Adriatic Ave
$ 389,000
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709 Adriatic Ave

Atlantic City, NJ, 08401
$ 389,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 2,585

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Multi-Family Home for sale in Atlantic City, NJ

for $389,000 with 10 bedrooms. This home was built in 1910.

INVESTOR ALERT - Bungalow Park Quadplex for sale. Two 3 bdrm units, and two 2bdrm units. One of the three bedroom units on the second floor is occupied, the other three are currently vacant. Get it fully rented and it should be producing about a 15% Cap Rate!! Income and Expenses are available to qualified buyers. Purchase now for about 7 Bitcoins! LOW Taxes & No HOA fees, close to the Beach, Boardwalk, & Gardners Basin! Up to $30,000 in first time home buyers grant money may be available to qualified buyers if they plan to live in one of the units, & make this purchase with little to no money down! Street parking only, Located just a few blocks to the beach & boardwalk with life guards and comfort stations. Walking distance to Historic Gardners Basin where you can enjoy breakfast at Gilchrist & sunsets at Back Bay Ale house, or spend the day at the AC Aquarium. Close to the Absecon Lighthouse, Little Water Distillery, Sports Fields, The Borgata, Harrahs, Golden Nugget, Farley Marina, Hard Rock, Steel Pier, Resorts, Margaritaville, Ocean Resort, Showboat and the new Indoor Water Park! No rental restrictions.

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Multi-Family Active

Price

$ 389,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 0

Style

4 - 10 Units

Year Built

1910

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

582672

Features
Exterior
Exterior Brick
Lot 9
Lot Dimensions 22x106
Separate Meters Electric Gas
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General
Water Public
Sewer Public Sewer
Heating Electric Gas-Natural
Appliances Electric Stove Gas Stove Refrigerator Self Cleaning Oven
Status Active Active
Year Built 1910
Class MULTI-FAMILY
Type 4 - 10 Units
Tax Year 2024
Garage None
Waterfront No
Area Atlantic City
Location Boardwalk Area
Taxes 3226
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Interior
# of Units 4
# of 2 Bedroom Units 2
# of 3 Bedroom Units 2
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* Excluded Features
List By
Gerard Barker

Listing Agent

Atlantic City - Weichert, Realtors® - The Asbury Group

Broker

Affordability Calculator

$2,585
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,585
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$389,000 -2.51% Price Down
5/9/2024$399,000 -8.28% Price Down
5/1/2024$435,000 -0.68% Price Down
4/15/2024$438,000 -2.65% Price Down
2/28/2024$449,900 Listed Price

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709 Adriatic Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $389,000. 709 Adriatic Ave has 10 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 08401 which is in Atlantic City, NJ