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For Sale 1816 Hummock, Atlantic City, NJ, 08401

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1816 Hummock, Atlantic City, NJ, 08401

$400,000

Michael Devlin
  • Buyer Agent Compensation: N/A
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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!!

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 1910
Lot Size
Tax 4625.00
SQFT
OutsideFeaturesCurbs, Deck, Patio, Porch, Sidewalks
OtherRoomsDining Area, Kitchen, Laundry/Utility Rm, Living Room, Pantry
HeatingBaseboard
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units Duplex
Tax Year 2024
Area Atlantic City
ParkingGarageNone
BasementCrawl Space
HotWaterElectric
SewerPublic Sewer
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