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Image 1 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 2 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 3 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 4 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 5 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 6 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 7 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 8 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Image 9 - 1 S Delancy Pl, Atlantic City, New Jersey, 08401 - House for sale
Home For Sale In Atlantic City, New Jersey
1 S Delancy Pl, Atlantic City, New Jersey, 08401

Home For Sale In Atlantic City, New Jersey

house for sale
Listed: 06/17/24

1 S Delancy Pl, Atlantic City, New Jersey, 08401

Studio Bed:
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Price
$ 1M

About This House

Introducing a prime CRE opportunity in Atlantic City's Chelsea Heights: a lucrative 6-unit apartment building that's a true money maker! This property features an ultra-luxurious 2-bedroom unit currently rented out via Airbnb, generating an impressive$30, 000in less than a year of operation. With its stellar 5-star reviews, the potential for revenue growth is sky-high. Plus, imagine indulging in this swanky pad as your very own owner's unit or vacation getaway! Of the remaining units, three have been recently renovated to modern standards, while the two others are clean and solid, offering the perfect canvas for renovation to further increase rents. All units are currently leased below market rates, making this an exceptional value-add investment opportunity. Nestled in the desirable Chelsea …  Full description

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Lower Chelsea Housing & Living

Household Income

Median household income: $26,006
Number of households: 15,404
The average household income in Atlantic City, NJ declined from $26,566 to $26,006 in the past year. This data is an estimate based upon 15,404 households in Atlantic City, NJ.
The chart below presents how household income is distributed in Atlantic City, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Atlantic City, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Atlantic City, NJ equals $3k+ , which is more than the national average.