3536 Pacific, Atlantic City, NJ | MLS # 589789 For Sale

Property Details

Investment Opportunity: 100% Occupied Multifamily Property This well-maintained property boasts great yearly income and is fully occupied. Significant upgrades have been made to enhance both aesthetics and functionality, including modernized hallways and common areas featuring new ceiling lights, fire exit lights, and a comprehensive camera system. The building also features a new 20-year roof with updated metal and drainage systems. With an impressive cap rate, this property is a strong contender in todays market. Please see the enclosed income and expense statements. Ideally located on Pacific Avenue, this property benefits from proximity to the new buildings of Stockton University, oceanfront condominiums, and the renowned Knife and Fork restaurant, ensuring easy access to key attractions and major entryways.

This listing is provided courtesy of FARLEY and FERRY REALTY, INC

MLS #: 589789
Status: Pending
Address: 3536 Pacific Ave, Atlantic City, NJ 8406
Date Listed: 10/7/2024
Days on Market: 138
Date Sold: 12/27/2024

Location

Interior Features

Cool System: Window Units
Heat System: Radiator

Exterior Features

Parking: None
New Construction: No

Additional Features

County: Atlantic
Property Type: 11 - 20 Units
Waterfront Features: No
Water/Sewer: Public
Year Built: 1930
Lot Number: 2
Block Number: 22
For Sale / Lease: For Sale
Taxes: 19331
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.

3536 Pacific Ave, Atlantic City