For Sale 1521 Michigan Ave, Atlantic City, NJ, 08401

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1521 Michigan Ave, Atlantic City, NJ, 08401

$269,900

Denise Kelley
Mobile:
609-703-2706
Office
609-399-0076x125

listing #: 591387
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Buyer Agent Compensation: N/A
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Single Family
3
1

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!

Listing courtesy of: RE/MAX COMMUNITY - Williamstown

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	6
Full Bath	1
# of Stories
Year Build
Lot Size	Less than One Acre
Tax	5055.00
SQFT

ParkingGarage	None
Cooling	Central
Sewer	Public Sewer

Bedrooms	3
Half Bath	1
# of Stories
Lot Dimensions
# Units
Tax Year	2023
Area	Atlantic City

Heating	Forced Air, Gas-Natural
Water	Public

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