420 N Massachusetts Ave, Atlantic City, NJ 08401

$350,000

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List Price
$350,000
MLS#
610048
Status
ACTIVE
Year Built
1900
Region
Atlantic City
City
Atlantic City

Property Description

Exceptional Income-Producing Duplex Overlooking Gardner's Basin! Don't miss this outstanding investment opportunity in the heart of Atlantic City! This well-maintained duplex offers strong cash flow with $4,100 in monthly rental income, featuring long-term tenants who would like to remain in place. The upper unit offers 3 bedrooms and 2 full bathrooms, generating $2,500 per month, while the lower unit features 2 bedrooms and 1 full bathroom, bringing in $1,600 per month. A convenient ground-level storage unit provides additional space for tenants or owner use. One of the property's standout features is its beautiful water views overlooking Gardner's Basin, allowing residents to enjoy scenic waterfront sunsets while still being just minutes from everything Atlantic City has to offer. Perfectly situated, this property is centrally located near Atlantic City's world-famous casinos, restaurants, entertainment, beaches, marina district, and major transportation routes, making it highly desirable for long-term tenants. Whether you're looking to expand your portfolio or purchase your first investment property, this duplex offers immediate cash flow, an unbeatable location, and excellent long-term potential. Schedule your showing today!

Additional Information

Lot Dimensions
30x75
Appliances
Gas Stove, Refrigerator
Cooling
Central
Heating
Gas-Natural
Exterior Features
Curbs, Deck, Patio, Porch-Enclosed, Sidewalks
Parking Description
None
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of eXp Realty - Ocean City S382K.

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