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
ResidentialSubdivision
Venice ParkCounty
ATLANTICStyle
BungalowAD ID
47973110
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Property Details
-
Interior Features
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
-
Exterior Features
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
-
Property / Lot Details
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
Listing Information
- Possession: Negotiable
- Days Of Market: 39
-
Taxes / Assessments
Tax Information
- Annual Tax: $4,894
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $141,800
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: 1521 N Michigan Ave, Atlantic City
-
School, Utilities & Location Details
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.