Atlantic City, NJ 08401,1816 Hummock Ave
Atlantic City, NJ 08401,1816 Hummock Ave
Atlantic City, NJ 08401,1816 Hummock Ave
Atlantic City, NJ 08401,1816 Hummock Ave
Atlantic City, NJ 08401,1816 Hummock Ave
Atlantic City, NJ 08401,1816 Hummock Ave
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$325,000

$349,900

7.1%
Est.Price: ?

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Est. payment /mo

2 Beds


SOLD DATE : 03/07/2025

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 591120

Sold Date 03/07/25

Bedrooms 2

Year Built 1910

Annual Tax Amount $4,625

Tax Year 2024

Property Sub-Type Duplex

Property Description

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!!

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Boardwalk Area

Rooms

Other Rooms Dining Area, Kitchen, Laundry/Utility Rm, Living Room, Pantry

Basement Crawl Space

Interior

Heating Baseboard

Exterior

Exterior Feature Stucco

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by WEICHERT REALTORS ASBURY GROUP-AC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 970-6603

adambello@kw.com

381 Egg Harbor Rd, Sewell, NJ, 08080

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