Investor Alert - Double Digit Cap Rate around 13% at full ask!! Income and Expenses Available to qualified buyers. Seven Unit Bldg one block to the Beach and Boardwalk! Solid Brick Construction and water views! Covered front porch and fenced in back patio. Located close to Tropicana, Tanger Outlets, Convetion Center, Ballys, Ceasers, and Boardwalk Hall. Being Sold As-Is, buyers responsible for their own Sales CO. All leases are in place and have rental COs. Brand new Fire Escape, and Just Passed the 5 year DCA Inspection! Income and Expenses available to qualified buyers.
Sold for $485,000 on 08/29/24
$485,000
2511 Pacific Ave, Atlantic City, NJ 08401
9beds
--baths
--sqft
Multi Family
Built in 1920
-- sqft lot
$521,100 Zestimate®
$--/sqft
$1,943 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 30, 2024 at 04:27am
Listed by:
GERARD (Jerry) BARKER,
WEICHERT REALTORS ASBURY GROUP-AC
Bought with:
SAMUEL S COHEN, 0228932
Source: SJSRMLS,MLS#: 581325

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Heating
- Baseboard, Electric
Appliances
- Included: Gas Stove, Refrigerator, Self Cleaning Oven
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Features
- Patio & porch: Porch
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boardwalk Area
Lot
- Size: 1,710 sqft
- Dimensions: 19 x 90
Details
- Parcel number: 26
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Atlantic City
Other
Other facts
- Available date: 01/18/2024
- Road surface type: Sidewalks
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$521,100
2% more+ $10,422
With Zillow Showcase(estimated)
$531,522