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1816 Hummock Ave, Atlantic City, NJ 08401

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For Sale

$349,900

4,000 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $87.48
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

The money maker! This recently renovated duplec features a two story 4bdrom unit and a ground floor 3bdrm unit. Upstairs currently has tenants in place, and the ground floor is currently vacant, newly renovated, CO ready, no stairs and no carpet, has tiled flooring throughout the whole unit. Freshly painted and newer kitchen cabinets, counters, and applicances. Plenty of parking along the side of the property as well as street parking. Tenants only pay Electric! Both units are Section 8 approved, even the three bedroom is large enough for a family of 8!! At this price along with the new rents for 2025, this property is being sold a 15-18% Cap Rate!!! Unheard of gains for a duplex!!! Super low taxes, low maintanace property! Income and Expenses are available up request to qualified buyers. This property sits on a large L shaped lot that may be subdividable, a Survey is also available upon request to qualified buyers. The property also has its Lead Free Cretificate issued by the State allready in place. This is a legal duplex, and approved Land Uses are allready in place with the City. There should be no issues at all with this property, this is basically a turn key investment for beginners and experienced landlords alike!!
MLS# 591120

Courtesy Of WEICHERT REALTORS ASBURY GROUP-AC

(609) 344-6200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock, Porch, Patio
  • Appliances
    Refrigerator
  • Exterior Type
    Stucco
  • Heating System
    Baseboard
  • Rooms
    Basement, Kitchen, Living Room

Home seller CENTURY 21 Frick Realtors

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 Frick Realtors

(609) 652-5600
Learn More About Us

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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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