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$179,900
3 Beds ⋅ 1 Baths ⋅ 609558 MLS
TURNKEY INVESTOR SPECIAL: 11.6% Gross Yield in Atlantic City Stop looking for cash flow—it’s right here. This fully occupied, single-family rental generates a steady $1,750/month (+ utilities) with zero immediate turnover or capital expenditures (CapEx) required. The Investment Financials: Asking Price: $179,900 Monthly Rent: $1,750 (Month to Month lease) Gross Annual Income: $21,000 Annual Property Taxes: $1,555 Property Management Setup: Tracked smoothly via RentRedi. Recent Updates & Property Condition: Brand new flooring installed through the living room and hallway. Fresh, clean carpet in all 3 bedrooms. Clean, recently approved Certificate of Occupancy (CO) on file with the city — 100% compliant and ready for a seamless transfer. The Story: The property is being sold strictly to free up liquidity for unrelated outside financial obligations — NOT due to property performance. The multi-year tenants have an impeccable payment history and treat the home with care. This is a pure plug-and-play addition for cash buyers, portfolio builders, or 1031 exchange investors looking for Day 1 income. Built-in Upside: Current rent is well below market. Average local rents are approximately $2,200–$2,500/month, giving the next owner meaningful room to increase rents over time.

1141 N Michigan, Atlantic City
$4,250,000
5 Beds ⋅ 5 Baths ⋅ 605820 MLS
Everything first class! Marvel at serene settings of oceanfront views everywhere! Beautiful, finely-appointed home boasts outstanding sophistication & elegance! Luxurious space! Stunning interior precisely designed with impeccable craftsmanship & highest quality of materials, elevator, desirable open layout and stunning kitchen with center island. The main floor level works nicely for a guest suite with a full bath & a gym (also could be a 5th bedroom). Incredible primary suite with sitting area, luxurious bathroom and oceanfront balcony. The top floor is a most glorious retreat with deck opening out to waterfront views & breathtaking oceanfront surroundings! Fully furnished, luxurious Italian carrera and Calcutta marble throughout kitchen and bathrooms. Walk-in shower with aromatherapy steam, huge jacuzzi tub. Wine frig and extra frig in garage. Elegant & comfortable great for entertaining while overlooking the Atlantic ocean with unending water views! New jeep with under 1000 miles and three wheel bike.

146 S Ridgeway Ave, Atlantic City

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