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1521 N Michigan Ave Ave, Atlantic City, NJ 08401

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For Sale

$269,900

3 beds • 1 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

Explore this Property

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*
MLS# 591387

Courtesy Of RE/MAX COMMUNITY - Williamstown

(856) 318-2313

Open Houses

January

18

Saturday

In Person

Saturday, January 18, 2025

1:00PM - 2:30PM

Property Features

  • Amenities
    Dock
  • Heating System
    Forced Air

Map and Directions

Directions to 1521 N Michigan Ave Ave, Atlantic City, NJ 08401

Home seller CENTURY 21 Action Plus Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Action Plus Realty

(800) 299-2129
Learn More About Us

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Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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