For Sale 414 Hobart, Atlantic City, NJ, 08401

The money maker! This recently renovated duplec features a two story 4bdrom unit and a ground floor 3bdrm unit. Upstairs currently has tenants in place, and the ground floor is currently vacant, newly renovated, CO ready, no stairs and no carpet, has tiled flooring throughout the whole unit. Freshly painted and newer kitchen cabinets, counters, and applicances. Plenty of parking along the side of the property as well as street parking. Tenants only pay Electric! Both units are Section 8 approved, even the three bedroom is large enough for a family of 8!! At this price along with the new rents for 2025, this property is being sold a 15-16% Cap Rate!!! Unheard of gains for a duplex!!! Super low taxes, low maintanace property! Income and Expenses are available up request to qualified buyers. This property sits on a large L shaped lot that may be subdividable, a Survey is also available upon request to qualified buyers. The property also has its Lead Free Cretificate issued by the State allready in place. This is a legal duplex, and approved Land Uses are allready in place with the City. There should be no issues at all with this property, this is basically a turn key investment for beginners and experienced landlords alike!!

Investors come and get it! Multiunit classified as a triplex. Gutted and ready to rock and roll! All permits/inspections are responsibility of buyer.

Completely updated 2 story Semi-detached, 3 bedroom, 1,5 bathroom home right across the street from the Convention Center in Atlantic City. This home offers a combination of elegance and beauty with modern touches. The remodeled kitchen includes stainless steel appliances, quartz countertops and a meticulous backsplash while also being large enough for a dining table. The energy efficient furnace can put your mind at ease and supply the level of comfort while the updated bathrooms add extra appeal. This home also features off street parking and a shed for storage. This property is perfect for investing with no AirBnB restrictions or just a great home to occupy for yourself. This home is currently generating great income with a yearly tenant. Close to The Walk, Casinos, and Beaches, this home offers it all so don\'t let this one pass on by! Make your offer today!