22 N Montpelier Ave, Atlantic City, New Jersey, 08401
8Bed:
5Bath:
4,098 Sq FtLiving Area:
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Price
$ 550,000
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6
more
About This
House
Exceptional Investment Opportunity in Atlantic City Discover a prime investment with this legal 4-unit multi-family apartment property located at 22 N. Montpelier Ave in Atlantic City. Situated in the heart of the Chelsea District, this property offers a robust occupancy rate and promising long-term appreciation, making it a perfect opportunity for savvy investors. This property boasts a 100% occupancy rate with all units currently tenant-occupied under leases. It features a total of 8 bedrooms and 4.5 bathrooms across four units, spread over a4, 098sq. ft. building on a2, 762sq. ft. lot. The ground floor hosts two units: Unit #1 and Unit #2, each with 1 bedroom and 1 bathroom. The second and third floors are occupied by a very large…
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expert tips to reduce the risk of fraud when renting a new apartment.
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.