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
AVG $230K
$200K
Taxes
AVG $5,441
$1,474
Visits
AVG 43
12
Walkscore
AVG 66
80
Data Provided by Walkscore ® not using MLS data

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