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Local Realty Service Provided By: Coldwell Banker James C. Otton Real Estate, Inc.

624 Caspian Ave, 
Atlantic City, NJ 08401

$262,988


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Patricia Chiu

Balsley/Losco

MLS#

560013

Source:

NJ SJSRMLS

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About This Home

624 Caspian Ave

A rare opportunity for instant equity on this unique Triplex. Located in Bungalow Park. 1bd 1bth, unit 1($675.) Long-term great tenant...1 bd 1 bth unit 2($700.) also a long-term excellent tenant. 4 bd 2 bth unit 3 is vacant. 2 additional rooms in Unit 3(was collecting $1,600- but current market calls for $1,800.). However, no closets so technically can't say it's a 6 bdrm rental. Gas and electric are split. Tenant responsibility. Water/sewer is responsibility of the owner. Close to Hard Rock Casino. This home has been well maintained throughout. Seller recently spent $22,000. plus in renovations. However, Upstairs 4bdrm unit, in particular will require repairs due to tenant recently being vacated. Seller is doing no more work. TO BE SOLD IN "AS IS" CONDITION. Buyer to obtain any certifications necessary for settlement. You do the math....it's pretty simple. This investment is not to be missed. Owner is selling and retiring!!

Home Facts

Multi-Family

Built in 1930

Price Summary

262,988

MLS #:

560013

Sold:

April 29, 2022


Structure

Structure

Year Built:

1930


Finances & Disclosures

Finances

Price:

$262,988

Source:NJ SJSRMLS
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