1406 Madison Ave Ave new

Atlantic City,NJ 08401

$ 243900

- Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 592163

Full Baths 2

Annual Tax Amount $4,315

Tax Year 2024

Property Description

Investors take note of this opportunity in Venice Park, Atlantic City! This legal duplex represents a fantastic investment option for rental income, whether through Airbnb or annual rental agreements. Unit 2, located upstairs, features two bedrooms on the main floor and either one bedroom or a loft on the third floor. Both the kitchen and bathroom have been renovated, and the house is undergoing additional renovations. There is a new front porch, a deck at the back of the house, and a new terrace/porch on the third floor. Additionally, the HVAC system is just one year old, and there are newer kitchen appliances. Ground-level Unit 1 is framed for a two-bedroom apartment, which includes a kitchen and one bathroom. Renovations are needed throughout this unit. The buyer is responsible for all certifications, inspections, and the Certificate of Occupancy. This property is easy to show, with a lockbox on the front door of Unit 2. Please call showing time to schedule a viewing.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details See Remarks

Rooms

Other Rooms Dining Area,Kitchen,Living Room,Loft

Interior

Heating Forced Air,Gas-Natural

Exterior

Exterior Feature Brick,Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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