AGENT LISTINGS
Denise Kelley

Denise Kelley 609-703-2706 609-399-0076x125

3160 Asbury Avenue, Ocean City

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For Sale 1526 Madison, Atlantic City, NJ, 08401

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1526 Madison, Atlantic City, NJ, 08401 Main Picture

1526 Madison, Atlantic City, NJ, 08401

$200,000

Denise Kelley
  • Buyer Agent Compensation: N/A
  • 2 in 1 PDF flyer DOWNLOAD
  • Single Family

  • 4

  • 2

Renovation on this charming twin home has begun. The Kitchen has been updated with new cabinets and appliances, new wood look laminate flooring has been installed on the first floor, the windows have been replaced on the first Floor and the electrical service in the house has been updated. Being sold “as is” with buyer responsible for all inspections and certifications. There’s a bedroom and bath on the first floor and 3 more bedrooms and a bath on the second floor.

Listing courtesy of: RE/MAX ATLANTIC
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 7
Full Bath 2
# of Stories
Year Build
Lot Size Less than One Acre
Tax 2713.00
SQFT
ExteriorVinyl
AppliancesIncludedElectric Stove, Refrigerator
HeatingBaseboard, Hot Water
WaterPublic
Bedrooms 4
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Atlantic City
ParkingGarageOne Car
BasementPartial
HotWaterElectric
SewerPublic Sewer
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Nearby Listings

Welcome home, experience Atlantic City, and all it has to offer in this spacious, well appointed, 3-bedroom, 1.5 bath home, located in the desirable Venice Park neighborhood. Known for its iconic boardwalk, vibrant casinos, and lively entertainment scene, Atlantic City also offers beautiful beaches, rich history, and a thriving community spirit. This recently updated, turnkey property is suitable for many types of usage. Offering a great neighborhood vibe for the single family homeowner,turnkey opportunity for investors looking to expand their portfolio, or seeking a potentially profitable rental opportunity. Enjoy relaxing on the front porch, or sipping coffee on the back deck. Upon entering, you will feel at home. Accent walls, a great layout, beautiful flooring, and a layout perfect for entertaining, add to the inviting feeling this home offers. For Airbnb investors: With an approximate average of $200 per night rate and average high occupancy rates in the area, this home offers lucrative potential, boasting cap rates between 11.85% and 15.41% or higher. For long-term rental owners: Enjoy stable income with average rents of $2,800 to $3,100 per month and a cap rate of approximately 11.34%. Perfect for families or first-time buyers, this freshly remodeled property combines comfort and convenience. Additionally, there are approximately $50,000 in grants available from the city or state, making this a fantastic opportunity. Don’t miss out on this exceptional home in the heart of Atlantic City!

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