105 S Albion
Atlantic City, NJ 08401
- – beds
- – baths
- – sqft
- 2,565 sqft lot
- 1930 build
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Just Passed 5 Year DCA State Inspection March 2024! Welcome to 105 Albion Place, a fantastic opportunity for investors and those seeking a beachside property in Atlantic City. Seller financing available! AirBnB Hosts and Investor Alert! - Renovated & Fully Occupied BEACH BLOCK 7-Unit Multi-Family BLDG is up for sale near the Vibrant Tropicana hotel and casino and two doors down from Chef Volas, argulably the best Italian Restaurant in Jersey! This property boasts SUPER low taxes with a DOUBLE DIGIT CAP RATE making it a truly exceptional investment. This sale is offering up an unbeatable location that is absolutley ideal and presents buyers with a broad range of numerous possibilities, whether you want to retain all the annual tenants, occupy a unit for yourself, or take advantage of the booming short term vacation rental market on platforms like VRBO & Airbnb. This bldg offers versatility and potnetial. It is conveniently close to "The Walk" at the renowned Tanger Outlets shopping and AC Convention Center, 5 star Fine Dining and Nightlife establishments, Steps to Jersey Shore Beaches, the Worlds most Famous Boardwalk, and Atlantic Ocean, & close to the Brand New Stockton Universitys Island Campus! At this time there are no seperate utilties. Income and Expense sheet is available to qualified buyers. Some of the various finaincing optons include Private financing available starting at 10% as wella as 10% owner finaincing, open to 1031 Exchange, Conventional financing, DSCR loans, Hard Money Loans, or buy it with a few of your bitcoins! Don't miss out on this chance to own a piece of Atlantic City's thriving real estate market. Contact us today for income and expense details or to schedule a viewing. Embrace the potential of 105 Albion Place and make your mark in this sought-after beachside community.
Listing courtesy of SJSRMLS / WEICHERT REALTORS ASBURY GROUP-AC
Last checked:
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Last updated Nov 16, 2024
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MLS# 580638 —
The Building
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Exterior:Vinyl
Interior
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Basement:Finished
Location
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Latitude:39.3535929080222
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Longitude:-74.4428929774323
The Property
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Location:Beach Block, Boardwalk Area
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Block #:35
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Lot #:12
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Lot Dimensions:45x57
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Outside Features:Curbs, Porch, Sidewalks
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Driveway:Concrete
Listing Agent
- Contact info:
- Office phone:
- (609) 344-6200
Heating & Cooling
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Heating:Baseboard, Gas-Natural, Hot Water, Radiator
Utilities
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Water:Public
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Water Heater:Gas
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Sewer:Public Sewer
Appliances
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Appliances:Gas Stove, Refrigerator, Self Cleaning Oven
The Community
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Adult Community/55+:Yes
Parking
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Parking:Three or More Cars
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Garage:None
Extra Units
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# of Units:7
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# of Efficiency Units2
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1 Bedroom Units:3
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2 Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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9/27/24
Sep 27, 2024
|
Sold | SJSRMLS | $675,000 | -12.2% |
12/20/23
Dec 20, 2023
|
Listed / Active | SJSRMLS | $769,000 | |
10/11/23
Oct 11, 2023
|
Price Changed | SJSRMLS |