Views
Address
417 N Dr Martin Luther King Blvd Atlantic City, NJ
Price
$ 199,000
Property Attributes
- MLS#543428
- TypeSingle Family
- CountyATLANTIC
- CityAtlantic City
- AreaAtlantic City
- Zip08401
- Style2 Story
- Taxes1474
- Price$ 199,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
Listing Provided Courtesy Of:
Keller Williams Realty Jersey Shore-Ocean City
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!
| Price History | |
|---|---|
| 10/19/2020 | Listed $225,000 |
| 11/19/2020 | 5% - $215,000 |
| 12/4/2020 | 8% - $199,000 |
General Features
| Beds | 3 |
|---|---|
| Class | RESIDENTIAL |
| Flooring | Hardwood |
| Full Baths | 1 |
| Garage | None |
| Half Baths | 1 |
| Heating | Electric |
| Listing Area | Atlantic City |
| Sewer | Public Sewer |
| Status | Active |
| Status | Active |
| Style | 2 Story |
| Tax Year | 2019 |
| Taxes | 1474 |
| Type | Single Family |
| Water | Public |
Interior Features
| Other Rooms | Laundry/Utility Room |
|---|---|
| Rooms | 6 |
Exterior Features
| Driveway | Concrete |
|---|---|
| Lot Dimensions | 17x100 |
| Lot Size | Less than One Acre |
| Outside Features | Deck, Fenced Yard, Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 08401
Price
Taxes
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and is provided by Cape May County MLS through a licensing agreement.
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