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For sale
  • Price cut: $5K (7/17)
    $145,000

    2834 Atlantic Ave APT 505, Atlantic City, NJ 08401

    2beds
    --sqft
    : 
    Condominium
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private balconyModern kitchenUpdated bathroom
    OWN FOR THE PRICE OF RENTING !!! Fully Renovated 2BR Condo – 6.5% Cap Rate – Utilities Included – Priced to Move at $150,000 Investor Alert: This turnkey 2-bedroom, 1-bath unit in Brighton Towers won’t last long. Just blocks from the beach and Tropicana, Unit 505 has been fully renovated with a modern kitchen, updated bathroom, and a private balcony — a rare find in this high-rise. Currently renting for $2,000/month, the numbers speak for themselves:     -    Net Income: $9,780/year     -    Cap Rate: 6.52% at asking price     -    HOA: $827/month (includes gas, electric, and water)     -    Taxes: $208/month     -    HO6 Insurance: $150/month This unit is cash flow ready with no upfront rehab needed. Strong rental demand, low vacancy, and all utilities wrapped into one HOA bill make this a hands-off, passive income opportunity. - Perfect for:     -    Out-of-state investors     -    1031 exchange buyers     -    New landlords looking for plug-and-play cash flow income and expense sheet on documents. ALERT! Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%.
    86 days
    on Zillow
    |
    446
    |
    22
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 04:52am

    Listed by:

    Tiarrah Turner,

    WEICHERT REALTORS ASBURY GROUP-AC

    Source: SJSRMLS,MLS#: 595977MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2834 Atlantic Ave APT 505.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Features
    • Has fireplace: No

    Property

    Parking
    • Parking features: See Remarks
    Features
    • Levels: Five or More
    Details
    • Parcel number: 1

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Brighton
    HOA
    • Services included: Electricity, Maintenance, Management, Sewer, Trash, Water
    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $70,100
    • Annual tax amount: $1,700
    • Date on market: 5/7/2025
    • Date available: 05/07/2025
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