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Joyce McMahon

Joyce McMahon 609-399-0076

3160 Asbury Avenue, Ocean City

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For Sale 1406 Madison, Atlantic City, NJ, 08401

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1406 Madison, Atlantic City, NJ, 08401

$253,000

Joyce McMahon
  • Buyer Agent Compensation: N/A
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Presenting an exceptional legal duplex in Atlantic City\'s Venice Park, featuring two units that offer an outstanding investment opportunity. The main unit, situated upstairs, showcases two main-floor bedrooms and a third-floor loft or bedroom, with potential yearly rent in the $2,000-$2,500 range. This unit has been partially renovated, with further updates in progress. Step outside to enjoy the new front porch, a deck at the rear of the house, and a brand-new terrace/porch on the 3rd floor. Not to mention adding new HVAC systems, new siding, and roof, with three sky windows on each floor of the home. On the ground level, Unit 1 is framed for a two-bedroom apartment with a kitchen and one bath. It awaits your personal touch to complete partial renovations throughout. With the potential to fetch in the $1,700 range per month in rent, this presents an exciting opportunity for a savvy investor. Selling as is. The buyer is responsible for obtaining the Certificate of Occupancy (CO) and any other certifications required for closing.

Listing courtesy of: WEICHERT REALTORS ASBURY GROUP-AC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build 1900
Lot Size
Tax 4315.00
SQFT
OutsideFeaturesCurbs, Deck, Fenced Yard, Sidewalks
OtherRoomsDining Area, Kitchen, Living Room, Loft
CoolingCentral, Electric
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units Duplex
Tax Year 2024
Area Atlantic City
ParkingGarageNone
HeatingForced Air, Gas-Natural
HotWaterGas
SewerPublic Sewer
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