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36 N Florida Ave, Atlantic City, NJ 08401
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$459,000
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Home Details for 36 N Florida Ave
Price
$459,000
Type
Multi Family
Bedrooms
8
County
Atlantic
Tax
$7,971
MLS®️ Listing#
598471
On exitrealty.com
152 days
Property Description
Income-Producing Triplex – $499,000 Investor special or perfect house-hack opportunity! Welcome to 36 N Florida Ave, a spacious triplex in the heart of Atlantic City offering immediate income and long-term upside. This property features: Two 2-Bedroom, 1-Bath Units – one currently rented at $1,700/month, together they could bring in $3,400/month combined. One 4-Bedroom, 1-Bath Unit – currently vacant, with conservative rental potential of $2,200/month. That’s a total gross rental potential of $5,600/month or $67,200/year once fully occupied. Live in the vacant 4-bedroom unit and offset your mortgage with $3,400/month in rental income from the other two units — or rent all three for strong cashflow in a growing market. Property is being sold strictly AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. With a listing price of just $499,000, this is a rare chance to secure a triplex with solid income, value-add potential, and a path to long-term wealth. Located just minutes from the beach, boardwalk, casinos, and public transportation, this property checks all the boxes for investors and owner-occupants alike. Don’t miss your shot at owning a high-yield asset in one of Atlantic City’s most promising neighborhoods. Book your appointment today!
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- Heating Information
- Hot Water
- Radiant
- Natural Gas
- Parking
- Concrete
- Driveway
- Water Features
- Public
- House Interior
- Eat-in Kitchen
Listing Courtesy: MARCHESE REAL ESTATE, LLC
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Market statistics compiled from data from South Jersey Shore Regional MLS.
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$459,000
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EXIT D'AGOSTINO AGENCY REAL ESTATE
105 N White Horse Pike, Hammonton, NJ 08037