1406 Madison
Atlantic City, NJ 08401
- – beds
- – baths
- – sqft
- 1900 build
Presenting an exceptional legal duplex in Atlantic City's Venice Park, featuring two units that offer an outstanding investment opportunity. The main unit, situated upstairs, showcases two main-floor bedrooms and a third-floor loft or bedroom, with potential yearly rent in the $2,000-$2,500 range. This unit has been partially renovated, with further updates in progress. Step outside to enjoy the new front porch, a deck at the rear of the house, and a brand-new terrace/porch on the 3rd floor. Not to mention adding new HVAC systems, new siding, and roof, with three sky windows on each floor of the home. On the ground level, Unit 1 is framed for a two-bedroom apartment with a kitchen and one bath. It awaits your personal touch to complete partial renovations throughout. With the potential to fetch in the $1,700 range per month in rent, this presents an exciting opportunity for a savvy investor. Selling as is. The buyer is responsible for obtaining the Certificate of Occupancy (CO) and any other certifications required for closing.
Last checked:
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Checking…
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Last updated Nov 7, 2024
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MLS# 589967 —
The Building
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New Construction:No
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Exterior:Brick, Vinyl
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Storms/Screens:Screens
Interior
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Other Rooms:Dining Area, Kitchen, Living Room, Loft
Location
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Latitude:39.373179
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Longitude:-74.445595
The Property
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Location:See Remarks, Boardwalk Area
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Block #:684
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Lot #:12
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Lot Dimensions:2250
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Outside Features:Curbs, Deck, Fenced Yard, Sidewalks
Listing Agent
- Contact info:
- Office phone:
- (609) 344-6200
Heating & Cooling
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Heating:Forced Air, Gas-Natural
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Air Conditioning:Central, Electric
Utilities
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Water:Public
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Water Heater:Gas
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Sewer:Public Sewer
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Separate Meters:Electric, Gas
Appliances
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Appliances:Gas Stove, Microwave, Refrigerator
The Community
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Adult Community/55+:No
Parking
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Parking:Off Site Parking
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Garage:None
Extra Units
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# of Units:2
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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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/4/24
Nov 4, 2024
|
Price Changed | SJSRMLS | $253,000 | -2.3% |
|
10/13/24
Oct 13, 2024
|
Listed / Active | SJSRMLS | $259,000 | 172.6% (87.8% / YR) |
|
10/26/22
Oct 26, 2022
|
SJSRMLS | $95,000 | -4.0% |
