222 S Rhode Island Ave, Atlantic City, NJ 08401

$399,000
List Price
$399,000
MLS#
535670
Status
ACTIVE
Region
Atlantic City
City
Atlantic City

Property Description

Air BnB Money Making Machine! This well maintained 5 unit Beach Block, virtually ocean front, boardwalk front property can make you a fortune! Fully leased with annual tenants, 10% Cap Rate! Can be sold with or without the 3000 sqft lot at 207 S. Rhode Island, see MLS#535485. Located right near the Beach, Boardwalk, Absecon Lighthouse, The Ocean Resort Hotel and Casino, Hot Bagels, & Tony Boloneys! Also within a couple blocks of the Showboat, The Hardrock Hotel and Casino, Historic Gardners Basin, AC Aquarium, Gilchrest, & Back Bay Ale House. Five minute drive to Golden Nugget, Farleys Marina, Harrahs, Borgata, and Brigantine. Contact us for income and expenses or download from associated docs

Additional Information

Lot Dimensions
33 x 80
Cooling
Central
Heating
Electric, Gas-Natural
Exterior Features
Beach Access, Boardwalk Access, Curbs, Deck, Ocean View, Sidewalks
Parking Description
None
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of WEICHERT REALTORS ASBURY GROUP-AC.

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Information is deemed accurate but not guaranteed.

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