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7 N Florida Avenue, Atlantic City, NJ 08401

$275,000

  • For Sale
  • Active
  • Commercial
7 N Florida Avenue, Atlantic City, NJ 08401View this property at 7 N Florida Avenue, Atlantic City, NJ 08401
7 N Florida AvenueAtlantic CityNJ08401

Property Description

Income Generating Property!! Preliminary Approval for 10 Apartments. See Documents. Current use as 10 unit Rooming House. Income from Rooming House: 4 units at $600, 1 unit at $650, 2 units at $700, 2 units at $800 and 1 unit at $1000. Total for the month is $7050. Expenses for the month: $400 for gas, $400 for electric, $600 for taxes, $200 for maintenance, water/sewer $300 and $830 for insurance, total $2700 for the month. Good location. 2 Blocks from the Beach, Boardwalk and Casinos. We have a motivated seller. Call LA for appointment Today!

Full Property Detailsfor 7 N Florida Avenue

General

  • Price: $275,000
  • Taxes: $6,500 (2017)
  • Status: Active
  • Type: Commercial
  • MLS ID: 1000370017
  • Updated: 4/16/2018
  • Added: 256 day(s) ago

Property History

  • 7 N Florida Avenue, Atlantic City, NJ
  • Listed at $275,000 on 8/10/17

Business

  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Location

  • Area: Atlantic City (20102)
  • County: Atlantic
  • Development Name: Na
  • Subdivision: Na
  • Cross Streets: Atlantic
  • Driving Directions: Take Albany Ave., L on Atlantic, L on Florida. Located between Atlantic & Artic.

Structural Information

  • Year Built: 1992
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Dimensions: 34 x 100
  • Zoning: R-3

Financial Considerations

  • Tax w/Assessment: $190,000
  • Tax Amount: $6,500
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Other
  • Lot: 59

Listed by BHHS Fox & Roach-Northfield, Daniel Guy

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Schools

Schoolsserving 7 N Florida Avenue

School District:Atlantic City Schools
School Name
Grades
Distance
Texas Avenue School
2523 Artic Avenue, Atlantic City, NJ 08401
K-8
0.1 mi
Atlantic City High School
1400 Albany Ave, Atlantic City, NJ 08401
9-12
2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 7 N Florida Avenue

Listed by BHHS Fox & Roach-Northfield, Daniel Guy

7 N Florida Avenue, Atlantic City, NJ 08401 (MLS# 1000370017) is a Commercial property. 7 N Florida Avenue is currently listed for $275,000 and was received on August 10, 2017. Want to learn more about 7 N Florida Avenue? Do you have questions about finding other Commercial real estate for sale in Atlantic City? You can browse all Atlantic City real estate or contact a Coldwell Banker agent to request more information.