This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that offer all necessary amenities nearby. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross monthly income of $4,900. Sold "AS-IS," WHERE IS. Buyer is responsible for all inspections, CO, and certifications. The Seller is not responsible for any repairs, corrections, treatments, remediation, or mitigation. The LBP addendum and rental leases have been attached to the associate's documents.
Features
8 bedrooms
cottageMulti-Family
Property history for 20 S Bellevue Ave
2023
Sold
$235,000
18 Oct 2023 by HARUNOR BHUIYAN, of HomeSmart First Advantage Realty - Northfield
2014
Sold
$51,500
24 Jan 2014 by Goran Cedevski, of BHHS Fox & Roach-Northfield
Happy sellers in Atlantic City
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Local market activity for 8 bedroom multi families in Atlantic City
Sold
For Sale
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