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Patricia (Trish) Spengler

Patricia (Trish) Spengler 609-425-9254 609-399-0076x130

3160 Asbury Avenue, Ocean City

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For Sale 18 Pennsylvania, Atlantic City, NJ, 08401

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18 Pennsylvania, Atlantic City, NJ, 08401 Main Picture

18 Pennsylvania, Atlantic City, NJ, 08401

$1,099,000

Patricia (Trish) Spengler
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10-unit mixed-use building located just half a block from the Hard Rock Hotel & Casino and only 1.5 blocks to the beach and the world-famous Atlantic City Boardwalk! This investment opportunity offers a current 9.75% cap rate and includes a large ground-floor commercial space, currently leased to a restaurant, with separate gas and electric meters. The building also features nine residential units, each with individual electric meters. Income and expense details are available to qualified buyers. The property is ideally situated within walking distance to major attractions including all local casinos, restaurant, hospital, marina and more. With consistent occupancy and unbeatable proximity to beaches, fishing piers, jettys, and entertainment, this building offers a strong investment to investors in the heart of Atlantic City.

Listing courtesy of: REAL-GALLOWAY
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 1930
Lot Size
Tax 16438.00
SQFT
ParkingGarageNone
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units 4 - 10 Units
Tax Year 2024
Area Atlantic City
HeatingGas-Natural, Radiant
SewerPublic Sewer
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