20 N Sovereign Avenue
20 N Sovereign Avenue Atlantic City, New Jersey 08401 United States

$499,900
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Investor alert! Great opportunity to purchase a 4 unit multi-family property in Atlantic City. 3 of the 4 units were just recently completely remodeled and renovated. On the lower level of this property, there are two brand new 2 bedroom, 1...

FARLEY and FERRY REALTY, INC

Listing Courtesy of FARLEY and FERRY REALTY, INC
Multi-Family Homes
Property type
1900
Year Built
558095
Web Id
558095
MLS ID
Atlantic City
School District
11
days ago
This Property is Currently Under Contract

About 20 N Sovereign Avenue

Investor alert! Great opportunity to purchase a 4 unit multi-family property in Atlantic City. 3 of the 4 units were just recently completely remodeled and renovated. On the lower level of this property, there are two brand new 2 bedroom, 1 bathroom units. On the main level, this unit includes 4 spacious bedrooms and 1 full bathroom. All 4 units are tenant occupied with yearly leases with a 9.7% cap rate! There is a shared laundry room on the ground floor in the rear of the property. Some of the newest upgrades on this property include new roof (with a 20 year warranty), new electric (with a 1 year warranty), new plumbing (with a 1 year warranty), new tankless water heater, all new separate electric and gas meters, new windows with aluminum capping, and new foundation! This property is located right near the Sovereign Avenue School & very close to Stockton University. Walking distance from the beach, great shopping, and plenty of bars and restaurants! Call today for more information. Property being sold "as is".

Listing Courtesy of FARLEY and FERRY REALTY, INC

features

cooling
Electric, Gas, Gas Heating
Additional Listing Type
In Contract

PROPERTY INFORMATION

Heating
Gas-Natural
Sewer
Public Sewer
Water
Public
20 N Sovereign Avenue, Atlantic City, New Jersey 08401 United States is a Multi-Family Homes for Sale for $499,900. Was built in 1900, has on a lot of and it's composed from Bedrooms, full baths
Listing Courtesy of FARLEY and FERRY REALTY, INC

FARLEY and FERRY REALTY, INC

Listing Courtesy of FARLEY and FERRY REALTY, INC
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