1521 N Michigan Avenue

ATLANTIC CITY, NJ 08401

  • 3 Bed(s)
  • 1.5 Bath(s)
  • 864 Sqft
  • 3149
    Sqft(Lot)
$269,900

Description

Experience the allure of atlantic city, and all it has to offer in this spacious, well-appointed 3 bedroom, 2 bath home in the desirable venice park neighborhood. known for its iconic boardwalk, vibrant casinos, and lively entertainment scene, atlantic city also offers beautiful beaches, timeless charm, and a thriving community spirti. this recently updated, turnkey property is suitable for many types of ownership. offering a great neighborhood vibe for the single-family homeowner, a turnkey opportunity for investors looking to expand their portfolio, or seeking a potentially profitable rental opportunity.

for airbnb investors: with an attractive $200 per night rate and 80-90% occupancy, this home offers lucrative potential, boasting cap rates between 10.19% and 13.51%.

for long-term rental owners: enjoy stable income with average rents of $2,800 to $3,100 per month and a cap rate of approximately 11.23%.

perfect for families or first-time buyers, this freshly remodeled property combines comfort and convenience. additionally, there are approximately $50,000 in grants available from the city or state, making this a fantastic opportunity.

don’t miss out on this exceptional home in the heart of atlantic city!

1521 n. michigan ave. can be purchased independently or as a package with 1825 beach ave, and 1530 beach avenue, atlantic city nj with possible financing assumption and lender/ bank approval.
*furniture negotiable*

  • Property Type

    Residential
  • Subdivision

    Venice Park
  • County

    ATLANTIC
  • Style

    Bungalow
  • AD ID

    47973110

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3
    • Master Bedroom Level: 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 1
    • Half Baths: 1

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Full,Outside Entrance

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Geo-thermal
  • Building Information

    • Year Built: 1900
    • Structure: Detached
    • New Construction: No
    • Built: 1900
    • Construction Material: Vinyl Siding
    • Foundation/Basement: Other
    • Architecture: Bungalow
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric
  • Lot Information

    • Lot Size: 3,149
    • Dimensions: 42.00 x 75.00
    • Lot Size (Acres): 0.07
    • Architectural Style: Bungalow
    • Main Square Feet: 3,149

    Property Information

    • SQ ft: 864
    • SQ ft (Living Area): 864
    • Total Lot SQ ft: 3,149
    • Subdivision: VENICE PARK
    • Appx. Lot Dimensions: 42.00 x 75.00
    • Total Acreage: 0.07
    • New Construction: No
    • Type: Bungalow
  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 39
  • Tax Information

    • Annual Tax: $4,894
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $141,800
  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: 1521 N Michigan Ave, Atlantic City
  • School Information

    • School District: ATLANTIC CITY SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Geo-thermal
    • Hot Water: Electric

    Location Information

    • Direction: 1521 N Michigan Ave, Atlantic City
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BuyOwner last updated this listing 01/18/2025 @ 04:03

  • MLS: NJAC2015534
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 3 bedrooms which is for sale, it has 864 sqft, 3,149 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of ATLANTIC CITY , in zip code 08401, this ATLANTIC County Home , it is in the VENICE PARK Subdivision, and are nearby neighborhoods.